Should You Buy Anoncoin (ANC) Thursday?

Thursday, April 14, 2022 06:49 AM | InvestorsObserver Analysts

InvestorsObserver gives Anoncoin a strong short-term technical score of 72 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. ANC has currently traded better than 72% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving Anoncoin a 72 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Anoncoin!

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Trading Analysis

Anoncoin is $0.028890 (141.34%) above its 30-day low of $0.020440284 while -$0.023042 (-31.84%) below its 30-day high of $0.07237238. In addition, ANC's current price of $0.049329878 is under its 30-day moving average price of $0.052071535, leading to a strong short-term technical score. Overall the recent trading history of Anoncoin suggest that investors are bullish on the coin at the moment. Currently, volume and market capitalization data for ANC are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Anoncoin extra intriguing.

Summary

Anoncoin's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin's short-term movement. Click Here to get the full Report on Anoncoin (ANC).