Valobit (VBIT) What Does the Chart Say Tuesday?

Valobit receives a strong short-term technical score of 85 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. VBIT holds a better recent technical analysis than 85% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Valobit a 85 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Valobit!

See Full Report

Trading Analysis

Valobit is $0.027119 (307.07%) higher than its 30-day low price of $0.008831537 while also -$0.016727 (-31.75%) lower than its high of $0.05267782 from the past month of trading. Meanwhile, VBIT's current price of $0.035950381 is under its average price of $0.042947051 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Valobit suggest that traders are currently bullish on the token. VBIT has a average market cap compared to the majority of tokens with a total market value of $43,169,468.01. The market valuation for Valobit is relatively average due to the largest 100 cryptos having a market cap above $1 billion and VBIT sits underneath that mark but remains above $100 million in market capilization. Valobit's average volume is average as $1,051,504.04 worth of the token is typically traded over a 24 hour period. The volume for VBIT 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 VBIT's volume is below its average with $140,245.67 exchanged.

Summary

VBIT'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 Valobit (VBIT).