Stronghold Token (SHX): Does it Score Well on Short-Term Trading Metrics Sunday?

Stronghold Token receives a weak short-term technical ranking of 1 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. SHX has a superior recent technical analysis than 1% of tokens 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 Stronghold Token a 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Stronghold Token!

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Trading Analysis

Stronghold Token is $0.000174 (5.15%) higher than its 30-day low price of $0.003385972 while also -$0.005696 (-61.54%) lower than its high of $0.00925608 from the past month of trading. Meanwhile, SHX's current price of $0.003560182 is under its average price of $0.007478286 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Stronghold Token suggest that traders are currently bearish on the token. SHX has a low market cap compared to the majority of tokens with a total market value of $0.00. Stronghold Token'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. Stronghold Token's average volume is low as $6,690,128.91 worth of the token is typically traded over a 24 hour period. SHX'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 past 24 hours SHX's volume is below its average with $881,982.53 exchanged.

Summary

SHX's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Stronghold Token (SHX).