What do the Long-Term Technicals Predict for Emerald Crypto (EMD) Monday?

InvestorsObserver gives Emerald Crypto a weak long-term technical score of 3 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. EMD at this time has a superior long-term technical analysis score than 3% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Emerald Crypto a 3 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Emerald Crypto!

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Trading Analysis

The current trading price of $0.011129608 for EMD is -$0.0172299 (-60.76%) below the coins 100-day moving average of $0.028359491. EMD meanwhile is $0.0086008 (-434553.99%) above its 52-week low of $0.002528770 and -$0.38460119 (-2524.16%) under its 52-week high price of $0.395730793. Emerald Crypto's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 3. The price movement and range of EMD suggest that investors are bearish on the coin at this time. Currently, volume and market capitalization data is not available for EMD. 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 coins such as Emerald Crypto extra intriguing.

Summary

Trading patterns over the last year for Emerald Crypto leads to the coin's a weak long-term technical score of 3 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on Emerald Crypto (EMD).