TerraKRW (KRT): How Does the Chart Look Wednesday?

Wednesday, June 01, 2022 07:15 AM | InvestorsObserver Analysts

InvestorsObserver gives TerraKRW a weak short-term technical score of 11 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. KRT has currently traded better than 11% of coins 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 TerraKRW a 11 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TerraKRW!

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Trading Analysis

KRT is currently $0.000050 (521.72%) above its 30-day low of $0.000009644 and -$0.000855 (-93.45%) below its 30-day high of $0.00091504. Additionally, KRT is under its average price of $0.000397045 over the past month of trading with its current price of $0.000059958. Overall, the recent trading history of TerraKRW suggest that traders are currently bearish on the coin. KRT has a low market cap compared to the majority of coins with a total market value of $2,471,116.66. TerraKRW'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. TerraKRW's average volume is low as $60.34 worth of the coin is typically traded over a 24 hour period. KRT'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 KRT's volume is below its average with $9.23 exchanged.

Summary

KRT'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 coin in the short-term. Click Here to get the full Report on TerraKRW (KRT).