Swarm receives a weak short-term technical ranking of 30 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. SWM has a superior recent technical analysis than 30% 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.
is giving Swarm a 30 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Swarm!
Swarm is $0.001779 (13.97%) higher than its 30-day low price of $0.012731697 while also -$0.009015 (-38.32%) lower than its high of $0.02352545 from the past month of trading. Meanwhile, SWM's current price of $0.014510657 is under its average price of $0.019202060 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Swarm suggest that traders are currently bearish on the token.
Swarm's market cap of $1,134,583.49 is relatively low for a token. Swarm'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, SWM's average volume is low with $53,562.60 worth of the token traded over an average 24 hour period. SWM'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, SWM's volume is below its usual with $7,130.71 exchanged.
Swarm'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 token in the near future.
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