What do the Short-Term Technicals Predict for AMEPAY (AME) Tuesday?

Tuesday, February 01, 2022 07:18 AM | InvestorsObserver Analysts

InvestorsObserver gives AMEPAY a strong short-term technical score of 80 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. AME has currently traded better than 80% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving AMEPAY a 80 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on AMEPAY!

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Trading Analysis

AME is currently $0.001768 (32.88%) above its 30-day low of $0.005376222 and -$0.001999 (-21.86%) below its 30-day high of $0.00914289. Additionally, AME is above its average price of $0.007016870 over the past month of trading with its current price of $0.007143882. Overall, the recent trading history of AMEPAY suggest that traders are currently bullish on the token. AME has a relatively low market cap for a token with a total market value of $1,785,970.42. AMEPAY's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. AMEPAY's average volume meanwhile is low with $736,133.11 worth of the token traded over a typical 24 hour period. AME's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, AME's volume is below its average with $99,429.18 exchanged.

Summary

AMEPAY's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on AMEPAY (AME).