What do the Short-Term Technicals Predict for LCMS (LCMS) Sunday?

Sunday, April 24, 2022 06:01 PM | InvestorsObserver Analysts

InvestorsObserver gives LCMS a strong short-term technical score of 100 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. LCMS has currently traded better than 100% 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 LCMS a 100 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on LCMS!

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Trading Analysis

LCMS is $0.001086 (7447.64%) above its 30-day low of $0.000014578 while -$0.000001 (-0.05%) below its 30-day high of $0.00110081. In addition, LCMS's current price of $0.001100273 is above its 30-day moving average price of $0.000720723, leading to a strong short-term technical score. Overall the recent trading history of LCMS suggest that investors are bullish on the token at the moment. LCMS has a low market cap compared to the majority of tokens with a total market value of $16,419.22. LCMS'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. LCMS's average volume is low as $27.21 worth of the token is typically traded over a 24 hour period. LCMS'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 LCMS's volume is below its average with $4.00 exchanged.

Summary

LCMS'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 LCMS (LCMS).