Should You Buy Status (SNT) Sunday?

Sunday, July 17, 2022 06:17 AM | InvestorsObserver Analysts

Status receives an average short-term technical score of 65 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. SNT holds a better recent technical analysis than 65% of tokens 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 Status a 65 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Status!

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Trading Analysis

Status is $0.005117 (20.49%) higher than its 30-day low price of $0.024976019 while also -$0.006916 (-18.69%) lower than its high of $0.03700856 from the past month of trading. Meanwhile, SNT's current price of $0.030092973 is above its average price of $0.029277090 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Status suggest that traders are currently neutral on the token. SNT has a relatively average market cap for a token with a total market value of $104,437,174.35. The market valuation for Status is relatively average due to the largest 100 cryptos having a market cap above $1 billion and SNT sits underneath that mark but remains above $100 million in market capilization. Status's average volume meanwhile is average with $59,737,050.06 worth of the token traded over a typical 24 hour period. The volume for SNT 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. As of the past 24 hours, SNT's volume is below its average with $4,452,818.59 exchanged. Status's subclass Media, Music and Content: Cryptocurrencies used to create, represent ownership of, or facilitate trading in various media, including music and other content.

Summary

Status's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on Status (SNT).