Should You Buy Creditcoin (CTC) Sunday?

Sunday, July 31, 2022 08:08 PM | InvestorsObserver Analysts

Creditcoin receives an average long-term technical score of 54 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, CTC holds a superior long-term technical analysis score than 54% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving Creditcoin a 54 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Creditcoin!

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Trading Analysis

The current trading price of $0.460000000 for CTC is -$0.0400000 (-7.10%) below the coins 100-day moving average of $0.490000000. CTC meanwhile is $0.2100000 (-4155.75%) above its 52-week low of $0.250000000 and -$4.59000000 (-188.75%) under its 52-week high price of $5.050000000. Creditcoin's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 54. The price movement and range of CTC suggest that investors are neutral on the coin at this time. Creditcoin has a total market value of $95,255,820.89 with an average average daily volume of $35,286,887.92 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, CTC's volume is below its average with $5,174,132.86 exchanged in total.

Summary

CTC's historical trading over the past year gives it a an average long-term technical score of 54 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on Creditcoin (CTC).