What do the Short-Term Technicals Predict for FLETA (FLETA) Thursday?

Thursday, February 03, 2022 05:33 PM | InvestorsObserver Analysts

InvestorsObserver gives FLETA a strong short-term technical score of 89 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. FLETA has currently traded better than 89% 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 FLETA a 89 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on FLETA!

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Trading Analysis

FLETA is $0.012242 (47.10%) above its 30-day low of $0.025991065 while -$0.016848 (-30.59%) below its 30-day high of $0.05508145. In addition, FLETA's current price of $0.038233131 is above its 30-day moving average price of $0.036143047, leading to a strong short-term technical score. Overall the recent trading history of FLETA suggest that investors are bullish on the token at the moment. FLETA has a average market cap compared to the majority of tokens with a total market value of $59,744,812.27. The market valuation for FLETA is relatively average due to the largest 100 cryptos having a market cap above $1 billion and FLETA sits underneath that mark but remains above $100 million in market capilization. FLETA's average volume is average as $223,308,664.20 worth of the token is typically traded over a 24 hour period. The volume for FLETA 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 FLETA's volume is below its average with $30,044,807.00 exchanged.

Summary

FLETA'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 token's short-term movement. Click Here to get the full Report on FLETA (FLETA).