Should You Sell Bean Cash (BITB) Monday?

Monday, June 05, 2023 12:10 PM | InvestorsObserver Analysts

Bean Cash receives a weak long-term technical score of 20 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. BITB currently holds a superior long-term technical analysis score than 20% 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 Bean Cash a 20 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bean Cash!

See Full Report

Trading Analysis

BITB is currently -$0.0000172 (-39.50%) below its 100-day moving average price of $0.000043518 with its current price of $0.000026330. Meanwhile, Bean Cash is $0.0000142 (-90824921.56%) above its 52-week low price of $0.000012111 and -$0.00136067 (-720981.13%) below its 52-week high of $0.001386995. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 20. Trends for the long-term trading history of Bean Cash suggest that traders are currently bearish on the coin. Bean Cash currently has a total market cap of $141,339.11 to go along with its average daily volume of $381.71 worth of the currency over the past seven days. BITB's volume is below its seven day average as of the past 24 hours, with 56.19 exchanged in that period.

Summary

BITB's historical trading over the past year gives it a a weak long-term technical score of 20 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on Bean Cash (BITB).