What do the Short-Term Technicals Predict for Citadel (CTL) Friday?

Friday, January 21, 2022 11:47 AM | InvestorsObserver Analysts

Citadel receives an average short-term technical ranking of 63 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. CTL has a superior recent technical analysis than 63% 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 Citadel a 63 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Citadel!

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Trading Analysis

Citadel is $0.000806 (53.06%) higher than its 30-day low price of $0.001518339 while also -$0.001313 (-36.10%) lower than its high of $0.00363694 from the past month of trading. Meanwhile, CTL's current price of $0.002324012 is under its average price of $0.002950496 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Citadel suggest that traders are currently neutral on the coin. Citadel's market cap of $25,492.71 is relatively low for a coin. Citadel'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, CTL's average volume is low with $0.31 worth of the coin traded over an average 24 hour period. CTL'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, CTL's volume is below its usual with $0.04 exchanged.

Summary

Citadel's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the coin's short-term movement. Click Here to get the full Report on Citadel (CTL).