Should You Buy Yocoin (YOC) Monday?

Yocoin receives a strong short-term technical ranking of 98 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. YOC has a superior recent technical analysis than 98% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Yocoin a 98 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Yocoin!

See Full Report

Trading Analysis

Yocoin is $0.000319 (310.57%) higher than its 30-day low price of $0.000102704 while also -$0.000101 (-19.29%) lower than its high of $0.00052245 from the past month of trading. Meanwhile, YOC's current price of $0.000421671 is above its average price of $0.000360549 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Yocoin suggest that traders are currently bullish on the coin. Yocoin's market cap of $155,874.42 is relatively low for a coin. Yocoin'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. Meanwhile, YOC's average volume is low with $4,577.79 worth of the coin traded over an average 24 hour period. YOC'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. Over the last 24 hours, YOC's volume is below its usual with $720.82 exchanged.

Summary

YOC's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the coin in the short-term. Click Here to get the full Report on Yocoin (YOC).