What do the Long-Term Technicals Predict for ALL BEST ICO (ALLBI) Monday?

Monday, May 09, 2022 12:55 PM | InvestorsObserver Analysts

ALL BEST ICO receives a weak long-term technical score of 1 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, ALLBI holds a superior long-term technical analysis score than 1% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving ALL BEST ICO a 1 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ALL BEST ICO!

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Trading Analysis

The current trading price of $0.000103840 for ALLBI is -$0.0022470 (-95.58%) below the tokens 100-day moving average of $0.002350839. ALLBI meanwhile is $0.0000911 (-86631382.38%) above its 52-week low of $0.000012697 and -$0.13343259 (-7488.52%) under its 52-week high price of $0.133536428. ALL BEST ICO's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 1. The price movement and range of ALLBI suggest that investors are bearish on the token at this time. ALL BEST ICO currently has a total market cap of $49,754.58 to go along with its average daily volume of $169,456.67 worth of the currency over the past seven days. ALLBI's volume is below its seven day average as of the past 24 hours, with 22,364.24 exchanged in that period.

Summary

Trading patterns over the last year for ALL BEST ICO leads to the token's a weak long-term technical score of 1 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on ALL BEST ICO (ALLBI).