Wednesday, August 31, 2022 08:36 AM | InvestorsObserver Analysts
InvestorsObserver gives Coin98 an average long-term technical score of 42 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders.
C98 at this time has a superior long-term technical analysis score than 42% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.
InvestorsObserver is giving Coin98 a 42 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Coin98!
C98 is currently -$0.0900000 (-16.48%) below its 100-day moving average price of $0.520000000 with its current price of $0.430000000. Meanwhile, Coin98 is $0.0800000 (-3017.55%) above its 52-week low price of $0.350000000 and -$4.83000000 (-181.75%) below its 52-week high of $5.260000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 42. Trends for the long-term trading history of Coin98 suggest that traders are currently bearish on the token.
Coin98 has a total market value of $94,320,035.05 with an average average daily volume of $140,428,745.27 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, C98's volume is below its average with $19,959,067.87 exchanged in total.
Trading patterns over the last year for Coin98 leads to the token's an average long-term technical score of 42 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token.
Click Here to get the full Report on Coin98 (C98).
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