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UFO Gaming (UFO): Does it Score Poorly on Short-Term Trading Metrics Wednesday?

Wednesday, May 25, 2022 06:16 AM | InvestorsObserver Analysts
UFO Gaming (UFO): Does it Score Poorly on Short-Term Trading Metrics Wednesday?

InvestorsObserver gives UFO Gaming a weak short-term technical score of 11 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. UFO has currently traded better than 11% 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.

Short-Term Technical - 11
InvestorsObserver is giving UFO Gaming a 11 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on UFO Gaming!

Trading Analysis

UFO Gaming is $0.000001 (36.87%) above its 30-day low of $0.000001890 while -$0.000005 (-64.00%) below its 30-day high of $0.00000719. In addition, UFO's current price of $0.000002587 is under its 30-day moving average price of $0.000003990, leading to a weak short-term technical score. Overall the recent trading history of UFO Gaming suggest that investors are bearish on the token at the moment.
UFO has a average market cap compared to the majority of tokens with a total market value of $66,635,874.76. The market valuation for UFO Gaming is relatively average due to the largest 100 cryptos having a market cap above $1 billion and UFO sits underneath that mark but remains above $100 million in market capilization. UFO Gaming's average volume is average as $18,801,376.33 worth of the token is typically traded over a 24 hour period. The volume for UFO 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 UFO's volume is below its average with $1,290,079.20 exchanged.

Summary

UFO Gaming's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on UFO Gaming (UFO).

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