What do the Long-Term Technicals Predict for Bitcoin Atom (BCA) Friday?

Friday, December 09, 2022 07:16 AM | InvestorsObserver Analysts

Bitcoin Atom receives a strong long-term technical score of 78 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin'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. BCA currently holds a superior long-term technical analysis score than 78% 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. coins 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 Bitcoin Atom a 78 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Atom!

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Trading Analysis

Bitcoin Atom's price is -$0.0167306 (-26.65%) below its 100-day moving average price of $0.062777251 as its price at the moment sits at $0.046046612. Additionally, BCA is $0.0258810 (-54319.88%) higher than its 52-week low price of $0.020165645 while -$1.34934247 (-713.35%) under its 52-week high of $1.395389080. The current trading price in relation to its long-term average along with its 52-week high and low, gives BCA a strong long-term technical score of 78. Long-term trading movement of Bitcoin Atom suggest that investors are neutral on the coin at the moment. Bitcoin Atom has a total market value of $848,129.39 with an low average daily volume of $164.36 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BCA's volume is below its average with $21.95 exchanged in total.

Summary

BCA's historical trading over the past year gives it a a strong long-term technical score of 78 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on Bitcoin Atom (BCA).