What do the Long-Term Technicals Predict for Portugal National Team Fan Token (POR) Wednesday?

Wednesday, March 27, 2024 12:47 PM | InvestorsObserver Analysts

InvestorsObserver gives Portugal National Team Fan Token an average long-term technical score of 54 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. POR at this time has a superior long-term technical analysis score than 54% 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 Portugal National Team Fan Token a 54 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Portugal National Team Fan Token!

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Trading Analysis

POR is currently $1.7100000 (69.74%) above its 100-day moving average price of $2.460000000 with its current price of $4.170000000. Meanwhile, Portugal National Team Fan Token is $3.5500000 (-1109.47%) above its 52-week low price of $0.620000000 and -$2.95000000 (-81.87%) below its 52-week high of $7.120000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 54. Trends for the long-term trading history of Portugal National Team Fan Token suggest that traders are currently neutral on the token. Portugal National Team Fan Token currently has a total market cap of $14,684,149.96 to go along with its average daily volume of $1,363,202.26 worth of the currency over the past seven days. POR's volume is below its seven day average as of the past 24 hours, with 136,572.63 exchanged in that period. This token's subclass Sports and Fan Tokens: Tokens connected to sports and other fandoms. These may provide access to exclusive rewards. They may or may not be issued by a particular sports franchise or club. Some of these tokens can be traded for club merchandise or even be exclusive digital art.

Summary

Trading patterns over the last year for Portugal National Team Fan Token leads to the token's an average long-term technical score of 54 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Portugal National Team Fan Token (POR).