What do the Short-Term Technicals Predict for EventChain (EVC) Monday?

EventChain receives a weak short-term technical ranking of 3 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. EVC has a superior recent technical analysis than 3% of tokens 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 EventChain a 3 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on EventChain!

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Trading Analysis

EventChain is $0.000000 (0.00%) higher than its 30-day low price of $0.003440301 while also -$0.008184 (-70.40%) lower than its high of $0.01162389 from the past month of trading. Meanwhile, EVC's current price of $0.003440301 is under its average price of $0.007490633 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of EventChain suggest that traders are currently bearish on the token. EventChain's market cap of $107,511.11 is relatively low for a token. EventChain'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, EVC's average volume is low with $180,255.63 worth of the token traded over an average 24 hour period. EVC'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, EVC's volume is below its usual with $25,489.39 exchanged.

Summary

EVC's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on EventChain (EVC).