Should You Buy Phoenixcoin (PXC) Thursday?

Thursday, March 28, 2024 01:00 PM | InvestorsObserver Analysts

Phoenixcoin receives a strong short-term technical score of 77 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. PXC holds a better recent technical analysis than 77% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Phoenixcoin a 77 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Phoenixcoin!

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Trading Analysis

PXC is currently $0.001406 (19.85%) above its 30-day low of $0.007082172 and -$0.003293 (-27.95%) below its 30-day high of $0.01178141. Additionally, PXC is above its average price of $0.008329163 over the past month of trading with its current price of $0.008488299. Overall, the recent trading history of Phoenixcoin suggest that traders are currently bullish on the coin. Currently, volume and market capitalization data for PXC are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Phoenixcoin extra intriguing.

Summary

Phoenixcoin'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 coin's short-term movement. Click Here to get the full Report on Phoenixcoin (PXC).