Should You Buy Krios (GIG) Friday?

Friday, February 11, 2022 10:11 AM | InvestorsObserver Analysts

InvestorsObserver gives Krios a strong short-term technical score of 99 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. GIG has currently traded better than 99% 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 Krios a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Krios!

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Trading Analysis

Krios is $0.007822 (529.53%) above its 30-day low of $0.001477165 while -$0.000327 (-3.40%) below its 30-day high of $0.00962622. In addition, GIG's current price of $0.009299154 is above its 30-day moving average price of $0.003912220, leading to a strong short-term technical score. Overall the recent trading history of Krios suggest that investors are bullish on the token at the moment. GIG has a low market cap compared to the majority of tokens with a total market value of $4,649,521.82. Krios'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. Krios's average volume is low as $6.00 worth of the token is typically traded over a 24 hour period. GIG'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 GIG's volume is below its average with $0.93 exchanged.

Summary

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