Should You Buy BullBear AI (AIBB) Sunday?

Sunday, March 31, 2024 06:44 AM | InvestorsObserver Analysts

InvestorsObserver gives BullBear AI a weak short-term technical score of 10 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. AIBB has currently traded better than 10% of tokens 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 BullBear AI a 10 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BullBear AI!

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Trading Analysis

BullBear AI is $0.000000 (117.70%) above its 30-day low of $0.000000000 while $0.000000 (-83.72%) below its 30-day high of $0.00000000. In addition, AIBB's current price of $0.000000001 is under its 30-day moving average price of $0.000000001, leading to a weak short-term technical score. Overall the recent trading history of BullBear AI suggest that investors are bearish on the token at the moment. BullBear AI's market cap of $1,141,732.06 is relatively low for a token. BullBear AI'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. Meanwhile, AIBB's average volume is low with $2,788,989.19 worth of the token traded over an average 24 hour period. AIBB'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 last 24 hours, AIBB's volume is below its usual with $435,031.09 exchanged. BullBear AI's subclass Gaming: Gaming crytpocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain which allows users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded with other uses. This subclass also includes tokens used in gambling and other forms of entertainment.

Summary

AIBB's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on BullBear AI (AIBB).