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What do the Short-Term Technicals Predict for OKCash (OK) Monday?
Monday, December 27, 2021 03:44 PM | InvestorsObserver Analysts
OKCash receives a strong short-term technical score of 90 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. OK holds a better recent technical analysis than 90% of coins 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 OKCash a 90 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on OKCash!
Trading Analysis
OK is currently $0.026156 (238.14%) above its 30-day low of $0.010983484 and -$0.069419 (-65.15%) below its 30-day high of $0.10655897. Additionally, OK is above its average price of $0.022706350 over the past month of trading with its current price of $0.037139706. Overall, the recent trading history of OKCash suggest that traders are currently bullish on the coin.
OK has a low market cap compared to the majority of coins with a total market value of $3,118,918.41. OKCash'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. OKCash's average volume is low as $330,567.05 worth of the coin is typically traded over a 24 hour period. OK'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 OK's volume is below its average with $40,142.67 exchanged.
Summary
OK'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 coin in the short-term.
Click Here to get the full Report on OKCash (OK).
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