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

Thursday, May 19, 2022 08:14 AM | InvestorsObserver Analysts

InvestorsObserver gives keyTango a strong short-term technical score of 77 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. TANGO has currently traded better than 77% 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 keyTango a 77 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on keyTango!

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Trading Analysis

TANGO is currently $0.007418 (54.72%) above its 30-day low of $0.013556382 and -$0.013505 (-39.17%) below its 30-day high of $0.03447976. Additionally, TANGO is under its average price of $0.022691595 over the past month of trading with its current price of $0.020974649. Overall, the recent trading history of keyTango suggest that traders are currently bullish on the token. keyTango's market cap of $205,113.55 is relatively low for a token. keyTango'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, TANGO's average volume is low with $1,538.84 worth of the token traded over an average 24 hour period. TANGO'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, TANGO's volume is below its usual with $239.01 exchanged.

Summary

keyTango'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 token in the near future. Click Here to get the full Report on keyTango (TANGO).