Should You Buy AmonD (AMON) Thursday?

Thursday, March 28, 2024 04:06 PM | InvestorsObserver Analysts

AmonD receives an average short-term technical score of 65 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. AMON holds a better recent technical analysis than 65% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving AmonD a 65 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on AmonD!

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Trading Analysis

AMON is currently $0.000799 (15980.39%) above its 30-day low of $0.000005001 and -$0.000497 (-38.19%) below its 30-day high of $0.00130097. Additionally, AMON is above its average price of $0.000783403 over the past month of trading with its current price of $0.000804156. Overall, the recent trading history of AmonD suggest that traders are currently neutral on the token. AmonD's market cap of $5,771,028.94 is relatively average for a token. The market valuation for AmonD is relatively average due to the largest 100 cryptos having a market cap above $1 billion and AMON sits underneath that mark but remains above $100 million in market capilization. Meanwhile, AMON's average volume is average with $5,802.14 worth of the token traded over an average 24 hour period. The volume for AMON is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, AMON's volume is below its usual with $843.43 exchanged. AmonD's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

AmonD's trading over the past 30 days leads to its an average short-term technical score due to recent price movement suggesting more neutral signals for traders on the token in the near future. Click Here to get the full Report on AmonD (AMON).