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

Tuesday, January 04, 2022 01:39 PM | InvestorsObserver Analysts
What do the Short-Term Technicals Predict for EUNO (EUNO) Tuesday?

EUNO receives a strong short-term technical score of 77 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. EUNO holds a better recent technical analysis than 77% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 77
InvestorsObserver is giving EUNO a 77 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on EUNO!

Trading Analysis

EUNO is $0.000471 (102.86%) higher than its 30-day low price of $0.000458200 while also -$0.000688 (-42.52%) lower than its high of $0.00161714 from the past month of trading. Meanwhile, EUNO's current price of $0.000929508 is under its average price of $0.001016865 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of EUNO suggest that traders are currently bullish on the coin. EUNO has a average market cap compared to the majority of coins with a total market value of $5,965,115.44. The market valuation for EUNO is relatively average due to the largest 100 cryptos having a market cap above $1 billion and EUNO sits underneath that mark but remains above $100 million in market capilization. EUNO's average volume is average as $37,009.97 worth of the coin is typically traded over a 24 hour period. The volume for EUNO is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours EUNO's volume is below its average with $35,197.49 exchanged.

Summary

EUNO's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on EUNO (EUNO).

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