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

Thursday, February 10, 2022 05:00 PM | InvestorsObserver Analysts

InvestorsObserver gives Lanceria a strong short-term technical score of 66 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. LANC has currently traded better than 66% 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 Lanceria a 66 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Lanceria!

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Trading Analysis

Lanceria is $0.003683 (43.19%) above its 30-day low of $0.008527861 while -$0.000791 (-6.08%) below its 30-day high of $0.01300203. In addition, LANC's current price of $0.012211140 is above its 30-day moving average price of $0.010607176, leading to a strong short-term technical score. Overall the recent trading history of Lanceria suggest that investors are bullish on the token at the moment. LANC has a low market cap compared to the majority of tokens with a total market value of $3,286,659.40. Lanceria'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. Lanceria's average volume is low as $614,642.19 worth of the token is typically traded over a 24 hour period. LANC'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 LANC's volume is below its average with $91,307.71 exchanged.

Summary

Lanceria'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 Lanceria (LANC).