What do the Short-Term Technicals Predict for BZEdge (BZE) Monday?

Monday, February 14, 2022 12:50 PM | InvestorsObserver Analysts

BZEdge receives a strong short-term technical ranking of 99 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. BZE has a superior recent technical analysis than 99% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving BZEdge a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BZEdge!

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Trading Analysis

BZEdge is $0.000378 (587.57%) higher than its 30-day low price of $0.000064280 while also -$0.000402 (-47.61%) lower than its high of $0.00084359 from the past month of trading. Meanwhile, BZE's current price of $0.000441971 is above its average price of $0.000313827 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of BZEdge suggest that traders are currently bullish on the coin. BZEdge's market cap of $1,323,768.50 is relatively low for a coin. BZEdge'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. Meanwhile, BZE's average volume is low with $2,326.25 worth of the coin traded over an average 24 hour period. BZE'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. Over the last 24 hours, BZE's volume is below its usual with $309.52 exchanged.

Summary

BZEdge'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 coin's short-term movement. Click Here to get the full Report on BZEdge (BZE).