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Vid (VI): Does it Score Well on Long-Term Trading Metrics Wednesday?
Wednesday, December 29, 2021 03:29 PM | InvestorsObserver Analysts
Vid receives an average long-term technical score of 53 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity.
VI currently holds a superior long-term technical analysis score than 53% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.
InvestorsObserver is giving Vid a 53 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Vid!
Trading Analysis
VI is currently $0.0200000 (19.43%) above its 100-day moving average price of $0.090000000 with its current price of $0.110000000. Meanwhile, Vid is $0.1000000 (-85965.68%) above its 52-week low price of $0.010000000 and -$0.26000000 (-2683.91%) below its 52-week high of $0.370000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 53. Trends for the long-term trading history of Vid suggest that traders are currently neutral on the token.
Currently, volume and market capitalization data is not available for VI. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Vid extra intriguing.
Summary
Trading patterns over the last year for Vid leads to the token's an average long-term technical score of 53 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.
Click Here to get the full Report on Vid (VI).
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