Should You Buy Rainbow Token (RAINBOW) Sunday?

InvestorsObserver gives Rainbow Token a strong short-term technical score of 81 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. RAINBOW has currently traded better than 81% 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 Rainbow Token a 81 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Rainbow Token!

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Trading Analysis

Rainbow Token is $0.00 (48.87%) higher than its 30-day low price of $0.00 while also $0.00 (-37.78%) lower than its high of $0.00 from the past month of trading. Meanwhile, RAINBOW's current price of $0.00 is above than its average price of $0.00 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Rainbow Token suggest that traders are currently bullish on the token. RAINBOW has a average market cap compared to the majority of tokens with a total market value of $22,531,352.78. The market valuation for Rainbow Token is relatively average due to the largest 100 cryptos having a market cap above $1 billion and RAINBOW sits underneath that mark but remains above $100 million in market capilization. Rainbow Token's average volume is average as $2,964,286.66 worth of the token is typically traded over a 24 hour period. The volume for RAINBOW is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours RAINBOW's volume is below its average with $120,837.89 exchanged.

Summary

Rainbow Token's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future. Click Here to get the full Report on Rainbow Token (RAINBOW).