What do the Short-Term Technicals Predict for Knekted (KNT) Monday?

Monday, January 31, 2022 06:30 AM | InvestorsObserver Analysts

Knekted receives a strong short-term technical score of 73 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. KNT holds a better recent technical analysis than 73% of tokens 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.

InvestorsObserver is giving Knekted a 73 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Knekted!

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Trading Analysis

KNT is currently $0.000027 (115.48%) above its 30-day low of $0.000023629 and -$0.000072 (-58.59%) below its 30-day high of $0.00012295. Additionally, KNT is under its average price of $0.000051743 over the past month of trading with its current price of $0.000050916. Overall, the recent trading history of Knekted suggest that traders are currently bullish on the token. KNT has a low market cap compared to the majority of tokens with a total market value of $27,961.23. Knekted'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. Knekted's average volume is low as $0.03 worth of the token is typically traded over a 24 hour period. KNT'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 past 24 hours KNT's volume is below its average with $0.00 exchanged.

Summary

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