Venus Reward Token (VRT): How Does the Chart Look Friday?

Friday, March 31, 2023 07:55 PM | InvestorsObserver Analysts

Venus Reward Token receives a weak short-term technical score of 14 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. VRT holds a better recent technical analysis than 14% 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 Venus Reward Token a 14 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Venus Reward Token!

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Trading Analysis

Venus Reward Token is $0.000048 (12.22%) above its 30-day low of $0.000393124 while -$0.001023 (-69.87%) below its 30-day high of $0.00146439. In addition, VRT's current price of $0.000441177 is under its 30-day moving average price of $0.000470977, leading to a weak short-term technical score. Overall the recent trading history of Venus Reward Token suggest that investors are bearish on the token at the moment. VRT has a average market cap compared to the majority of tokens with a total market value of $9,705,886.03. The market valuation for Venus Reward Token is relatively average due to the largest 100 cryptos having a market cap above $1 billion and VRT sits underneath that mark but remains above $100 million in market capilization. Venus Reward Token's average volume is average as $1,075,708.59 worth of the token is typically traded over a 24 hour period. The volume for VRT 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 VRT's volume is below its average with $145,909.70 exchanged.

Summary

Venus Reward Token'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 Venus Reward Token (VRT).