UTU Protocol (UTU): How Does the Chart Look Saturday?

UTU Protocol receives a strong short-term technical ranking of 86 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. UTU has a superior recent technical analysis than 86% 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 UTU Protocol a 86 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on UTU Protocol!

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Trading Analysis

UTU is currently $0.008702 (87.94%) above its 30-day low of $0.009895230 and -$0.013679 (-42.38%) below its 30-day high of $0.03227557. Additionally, UTU is above its average price of $0.016035420 over the past month of trading with its current price of $0.018596949. Overall, the recent trading history of UTU Protocol suggest that traders are currently bullish on the token. UTU has a relatively low market cap for a token with a total market value of $2,314,885.21. UTU Protocol'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. UTU Protocol's average volume meanwhile is low with $313,964.92 worth of the token traded over a typical 24 hour period. UTU'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. As of the past 24 hours, UTU's volume is below its average with $48,210.87 exchanged. UTU Protocol's subclass Marketplace: These are online marketplaces where users can buy and sell cryptocurrencies and other blockchain-based goods.

Summary

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