What do the Short-Term Technicals Predict for Nexus Protocol (PSI) Sunday?

Sunday, March 13, 2022 03:33 PM | InvestorsObserver Analysts

Nexus Protocol receives a strong short-term technical ranking of 89 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. PSI has a superior recent technical analysis than 89% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Nexus Protocol a 89 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Nexus Protocol!

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Trading Analysis

PSI is currently $0.010680 (47.02%) above its 30-day low of $0.022712903 and -$0.002945 (-8.11%) below its 30-day high of $0.03633840. Additionally, PSI is above its average price of $0.028365372 over the past month of trading with its current price of $0.033392974. Overall, the recent trading history of Nexus Protocol suggest that traders are currently bullish on the token. Currently, volume and market capitalization data for PSI are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Nexus Protocol extra intriguing.

Summary

Nexus Protocol'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 Nexus Protocol (PSI).