What do the Short-Term Technicals Predict for PayPal tokenized stock FTX (PYPL) Monday?

PayPal tokenized stock FTX receives an average short-term technical ranking of 61 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. PYPL has a superior recent technical analysis than 61% 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 PayPal tokenized stock FTX a 61 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on PayPal tokenized stock FTX!

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Trading Analysis

PayPal tokenized stock FTX is $2.97 (1.66%) above its 30-day low of $179.55 while -$58.89 (-24.39%) below its 30-day high of $241.42. In addition, PYPL's current price of $182.53 is under its 30-day moving average price of $198.96, leading to an average short-term technical score. Overall the recent trading history of PayPal tokenized stock FTX suggest that investors are neutral on the token at the moment. PYPL has a low market cap compared to the majority of tokens with a total market value of $0.00. PayPal tokenized stock FTX'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. PayPal tokenized stock FTX's average volume is low as $11,516.61 worth of the token is typically traded over a 24 hour period. PYPL'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 PYPL's volume is below its average with $1,571.30 exchanged. PayPal tokenized stock FTX's subclass Wrapped Tokens: A wrapped token is an on-chain representation of another asset. It can be a cryptocurrency represented on a different blockchain, or it can be another kind of asset, such as a stock or commodity. This allows crypto traders access to non-crypto assets and trades on one change to get exposure to assets on a different chain.

Summary

PYPL's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the token in the short-term. Click Here to get the full Report on PayPal tokenized stock FTX (PYPL).