Should You Buy EnterCoin (ENTRC) Thursday?

EnterCoin receives a weak short-term technical ranking of 18 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. ENTRC has a superior recent technical analysis than 18% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving EnterCoin a 18 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on EnterCoin!

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Trading Analysis

EnterCoin is $0.009315 (175.02%) higher than its 30-day low price of $0.005322369 while also -$0.015719 (-51.78%) lower than its high of $0.03035660 from the past month of trading. Meanwhile, ENTRC's current price of $0.014637617 is under its average price of $0.017452194 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of EnterCoin suggest that traders are currently bearish on the token. EnterCoin's market cap of $83,388.31 is relatively low for a token. EnterCoin'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, ENTRC's average volume is low with $148,214.40 worth of the token traded over an average 24 hour period. ENTRC'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, ENTRC's volume is below its usual with $20,303.76 exchanged.

Summary

EnterCoin's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on EnterCoin (ENTRC).