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Streamit Coin (STREAM): Does it Score Poorly on Short-Term Trading Metrics Tuesday?

Tuesday, July 05, 2022 07:25 PM | InvestorsObserver Analysts
Streamit Coin (STREAM): Does it Score Poorly on Short-Term Trading Metrics Tuesday?

InvestorsObserver gives Streamit Coin a weak short-term technical score of 12 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. STREAM has currently traded better than 12% 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.

Short-Term Technical - 12
InvestorsObserver is giving Streamit Coin a 12 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Streamit Coin!

Trading Analysis

STREAM is currently $0.000052 (14.67%) above its 30-day low of $0.000354172 and -$0.000545 (-57.29%) below its 30-day high of $0.00095080. Additionally, STREAM is under its average price of $0.000588706 over the past month of trading with its current price of $0.000406131. Overall, the recent trading history of Streamit Coin suggest that traders are currently bearish on the coin.
Currently, volume and market capitalization data for STREAM 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 coins such as Streamit Coin extra intriguing. Streamit Coin's subclass Content: Crypto projects with a focus on producing additional content for users invested into the underlying ecosystem. Content creators can use blockchain technology distribute content to a group of subscribers or investors.

Summary

Streamit Coin'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 Streamit Coin (STREAM).

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