VNT Chain (VNT): Does it Score Well on Short-Term Trading Metrics Tuesday?

Tuesday, December 07, 2021 11:30 AM | InvestorsObserver Analysts

VNT Chain receives a weak short-term technical ranking of 29 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. VNT has a superior recent technical analysis than 29% 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 VNT Chain a 29 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on VNT Chain!

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Trading Analysis

VNT Chain is $0.00 (48.31%) above its 30-day low of $0.00 while $0.00 (-72.07%) below its 30-day high of $0.00. In addition, VNT's current price of $0.00 is under its 30-day moving average price of $0.00, leading to a weak short-term technical score. Overall the recent trading history of VNT Chain suggest that investors are bearish on the token at the moment. VNT has a relatively low market cap for a token with a total market value of $558,241.56. VNT Chain'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. VNT Chain's average volume meanwhile is low with $1,653,632.94 worth of the token traded over a typical 24 hour period. VNT'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, VNT's volume is below its average with $222,749.48 exchanged.

Summary

VNT's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on VNT Chain (VNT).