Should You Buy X-CASH (XCASH) Monday?

Monday, February 07, 2022 09:55 AM | InvestorsObserver Analysts

InvestorsObserver gives X-CASH a weak short-term technical score of 31 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. XCASH has currently traded better than 31% of coins 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 X-CASH a 31 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on X-CASH!

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Trading Analysis

X-CASH is $0.000006 (25.20%) higher than its 30-day low price of $0.000022832 while also -$5.448888 (-100.00%) lower than its high of $5.44891691 from the past month of trading. Meanwhile, XCASH's current price of $0.000028585 is under its average price of $0.000033498 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of X-CASH suggest that traders are currently bearish on the coin. XCASH has a relatively low market cap for a coin with a total market value of $1,795,751.52. X-CASH's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. X-CASH's average volume meanwhile is low with $985,102.24 worth of the coin traded over a typical 24 hour period. XCASH's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, XCASH's volume is below its average with $156,130.26 exchanged.

Summary

X-CASH's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the coin in the near future. Click Here to get the full Report on X-CASH (XCASH).