What do the Long-Term Technicals Predict for Evedo (EVED) Friday?

Friday, November 11, 2022 09:10 AM | InvestorsObserver Analysts

InvestorsObserver gives Evedo a strong long-term technical score of 88 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token'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. EVED at this time has a superior long-term technical analysis score than 88% 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 tokens that have bottomed out.

InvestorsObserver is giving Evedo a 88 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Evedo!

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Trading Analysis

The current trading price of $0.023803080 for EVED is -$0.0019801 (-7.68%) below the tokens 100-day moving average of $0.025783142. EVED meanwhile is $0.0140864 (-112962.00%) above its 52-week low of $0.009716717 and -$0.17567757 (-5001.08%) under its 52-week high price of $0.199480653. Evedo's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 88. The price movement and range of EVED suggest that investors are neutral on the token at this time. Evedo has a total market value of $349,358.23 with an low average daily volume of $142,643.17 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, EVED's volume is below its average with $19,245.89 exchanged in total.

Summary

EVED's historical trading over the past year gives it a a strong long-term technical score of 88 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on Evedo (EVED).