Should You Buy TravelNote (TVNT) Wednesday?

Wednesday, January 05, 2022 09:26 AM | InvestorsObserver Analysts

TravelNote receives a weak short-term technical score of 24 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. TVNT holds a better recent technical analysis than 24% 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 TravelNote a 24 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TravelNote!

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Trading Analysis

TVNT is currently $0.004115 (52.13%) above its 30-day low of $0.007893502 and -$0.008290 (-40.84%) below its 30-day high of $0.02029855. Additionally, TVNT is under its average price of $0.017496398 over the past month of trading with its current price of $0.012008506. Overall, the recent trading history of TravelNote suggest that traders are currently bearish on the token. Currently, volume and market capitalization data for TVNT 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 tokens such as TravelNote extra intriguing.

Summary

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