What do the Short-Term Technicals Predict for Bob's Repair (BOB) Wednesday?

Wednesday, December 22, 2021 08:06 PM | InvestorsObserver Analysts

InvestorsObserver gives Bob's Repair a weak short-term technical score of 25 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. BOB has currently traded better than 25% 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 Bob's Repair a 25 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bob's Repair!

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Trading Analysis

BOB is currently $0.000552 (18.21%) above its 30-day low of $0.003032109 and -$0.003851 (-51.80%) below its 30-day high of $0.00743570. Additionally, BOB is under its average price of $0.004335106 over the past month of trading with its current price of $0.003584304. Overall, the recent trading history of Bob's Repair suggest that traders are currently bearish on the token. BOB has a relatively low market cap for a token with a total market value of $658,224.40. Bob's Repair'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. Bob's Repair's average volume meanwhile is low with $73,486.14 worth of the token traded over a typical 24 hour period. BOB'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, BOB's volume is below its average with $5,593.13 exchanged.

Summary

Bob's Repair's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on Bob's Repair (BOB).