Should You Buy Bitcoin Adult (BTAD) Tuesday?

Tuesday, January 11, 2022 06:02 PM | InvestorsObserver Analysts

InvestorsObserver gives Bitcoin Adult an average short-term technical score of 63 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. BTAD has currently traded better than 63% 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 Bitcoin Adult a 63 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Adult!

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Trading Analysis

Bitcoin Adult is $0.000001 (0.19%) above its 30-day low of $0.000341334 while -$0.000976 (-74.05%) below its 30-day high of $0.00131802. In addition, BTAD's current price of $0.000341968 is under its 30-day moving average price of $0.000476004, leading to an average short-term technical score. Overall the recent trading history of Bitcoin Adult suggest that investors are neutral on the coin at the moment. BTAD has a low market cap compared to the majority of coins with a total market value of $17,639.55. Bitcoin Adult's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Bitcoin Adult's average volume is low as $0.01 worth of the coin is typically traded over a 24 hour period. BTAD's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours BTAD's volume is below its average with $0.00 exchanged.

Summary

Bitcoin Adult's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the coin's short-term movement. Click Here to get the full Report on Bitcoin Adult (BTAD).