SynchroBitcoin (SNB): Does it Score Well on Short-Term Trading Metrics Sunday?

InvestorsObserver gives SynchroBitcoin a strong short-term technical score of 90 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. SNB has currently traded better than 90% of tokens 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.

InvestorsObserver is giving SynchroBitcoin a 90 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SynchroBitcoin!

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Trading Analysis

SynchroBitcoin is $0.014670 (126.84%) higher than its 30-day low price of $0.011566291 while also -$0.011991 (-31.37%) lower than its high of $0.03822711 from the past month of trading. Meanwhile, SNB's current price of $0.026236518 is above its average price of $0.024416755 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of SynchroBitcoin suggest that traders are currently bullish on the token. SNB has a low market cap compared to the majority of tokens with a total market value of $2,086,727.54. SynchroBitcoin'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. SynchroBitcoin's average volume is low as $85.41 worth of the token is typically traded over a 24 hour period. SNB'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 SNB's volume is below its average with $11.22 exchanged.

Summary

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