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Suku (SUKU): Does it Score Poorly on Long-Term Trading Metrics Tuesday?

Tuesday, February 27, 2024 11:07 AM | InvestorsObserver Analysts
Suku (SUKU): Does it Score Poorly on Long-Term Trading Metrics Tuesday?

Suku receives a strong long-term technical score of 99 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token'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. SUKU currently holds a superior long-term technical analysis score than 99% 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. tokens 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'.

Long-Term Technical - 99
InvestorsObserver is giving Suku a 99 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Suku!

Trading Analysis

Suku's price is $0.0600000 (111.00%) above its 100-day moving average price of $0.050000000 as its price at the moment sits at $0.110000000. Additionally, SUKU is $0.0800000 (-32256.81%) higher than its 52-week low price of $0.030000000 while -$0.01000000 (-8336.29%) under its 52-week high of $0.120000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives SUKU a strong long-term technical score of 99. Long-term trading movement of Suku suggest that investors are neutral on the token at the moment. Suku has a total market value of $20,186,054.23 with an average average daily volume of $29,941,634.79 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, SUKU's volume is below its average with $10,886,386.22 exchanged in total. This token's subclass Decentralized Finance: DeFi, or decentrialized finance, Tokens are tokens that are created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs for brokers, exchanges, and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.

Summary

Technical analysis of Suku over the past year results in the crypto receiving a a strong long-term technical score of 99 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on Suku (SUKU).

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