What do the Short-Term Technicals Predict for SparkPoint (SRK) Thursday?

SparkPoint receives a strong short-term technical score of 96 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. SRK holds a better recent technical analysis than 96% of tokens 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 SparkPoint a 96 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SparkPoint!

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Trading Analysis

SparkPoint is $0.001449 (141.26%) higher than its 30-day low price of $0.001026058 while also -$0.002462 (-49.86%) lower than its high of $0.00493702 from the past month of trading. Meanwhile, SRK's current price of $0.002475456 is above its average price of $0.001910487 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of SparkPoint suggest that traders are currently bullish on the token. SRK has a relatively average market cap for a token with a total market value of $20,727,736.08. The market valuation for SparkPoint is relatively average due to the largest 100 cryptos having a market cap above $1 billion and SRK sits underneath that mark but remains above $100 million in market capilization. SparkPoint's average volume meanwhile is average with $54,276,531.03 worth of the token traded over a typical 24 hour period. The volume for SRK is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, SRK's volume is below its average with $7,754,533.99 exchanged.

Summary

SparkPoint'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 SparkPoint (SRK).