Should You Buy Scala (XLA) Sunday?

Scala receives an average long-term technical score of 55 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. XLA currently holds a superior long-term technical analysis score than 55% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Scala a 55 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Scala!

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Trading Analysis

XLA is currently $0.0000004 (0.41%) above its 100-day moving average price of $0.000102226 with its current price of $0.000102643. Meanwhile, Scala is $0.0000410 (-17837137.10%) above its 52-week low price of $0.000061669 and -$0.00334636 (-289936.14%) below its 52-week high of $0.003449000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 55. Trends for the long-term trading history of Scala suggest that traders are currently neutral on the coin. Scala has a total market value of $1,047,182.19 with an low average daily volume of $29,187.03 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, XLA's volume is below its average with $4,510.94 exchanged in total.

Summary

Trading patterns over the last year for Scala leads to the coin's an average long-term technical score of 55 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the coin. Click Here to get the full Report on Scala (XLA).