TE-FOOD (TONE): How Does the Chart Look Wednesday?

Wednesday, November 09, 2022 06:20 AM | InvestorsObserver Analysts

TE-FOOD receives an average short-term technical ranking of 65 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. TONE has a superior recent technical analysis than 65% 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 TE-FOOD a 65 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TE-FOOD!

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Trading Analysis

TE-FOOD is $0.006999 (52.25%) higher than its 30-day low price of $0.013396927 while also -$0.023526 (-53.56%) lower than its high of $0.04392229 from the past month of trading. Meanwhile, TONE's current price of $0.020396298 is under its average price of $0.023454007 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of TE-FOOD suggest that traders are currently neutral on the token. TONE has a average market cap compared to the majority of tokens with a total market value of $11,989,631.14. The market valuation for TE-FOOD is relatively average due to the largest 100 cryptos having a market cap above $1 billion and TONE sits underneath that mark but remains above $100 million in market capilization. TE-FOOD's average volume is average as $3,213,202.23 worth of the token is typically traded over a 24 hour period. The volume for TONE is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours TONE's volume is below its average with $490,647.70 exchanged.

Summary

TE-FOOD's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on TE-FOOD (TONE).