What do the Short-Term Technicals Predict for Micromines (MICRO) Monday?

InvestorsObserver gives Micromines a strong short-term technical score of 73 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. MICRO has currently traded better than 73% 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 Micromines a 73 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Micromines!

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Trading Analysis

Micromines is $0.00 (319.00%) above its 30-day low of $0.00 while $0.00 (-81.13%) below its 30-day high of $0.00. In addition, MICRO's current price of $0.00 is above its 30-day moving average price of $0.00, leading to a strong short-term technical score. Overall the recent trading history of Micromines suggest that investors are bullish on the token at the moment. MICRO has a low market cap compared to the majority of tokens with a total market value of $99,398.73. Micromines'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. Micromines's average volume is low as $66.33 worth of the token is typically traded over a 24 hour period. MICRO'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 MICRO's volume is below its average with $9.29 exchanged. Micromines's subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.

Summary

MICRO'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 Micromines (MICRO).