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What do the Short-Term Technicals Predict for The ChampCoin (TCC) Thursday?

Thursday, January 27, 2022 03:35 PM | InvestorsObserver Analysts
What do the Short-Term Technicals Predict for The ChampCoin (TCC) Thursday?

InvestorsObserver gives The ChampCoin a strong short-term technical score of 91 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. TCC has currently traded better than 91% of coins 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.

Short-Term Technical - 91
InvestorsObserver is giving The ChampCoin a 91 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on The ChampCoin!

Trading Analysis

The ChampCoin is $0.011023 (448.81%) higher than its 30-day low price of $0.002455928 while also -$0.006393 (-32.17%) lower than its high of $0.01987111 from the past month of trading. Meanwhile, TCC's current price of $0.013478475 is above its average price of $0.009871101 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of The ChampCoin suggest that traders are currently bullish on the coin. TCC has a low market cap compared to the majority of coins with a total market value of $2,368,840.05. The ChampCoin'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. The ChampCoin's average volume is low as $108,347.79 worth of the coin is typically traded over a 24 hour period. TCC'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 TCC's volume is below its average with $16,999.46 exchanged.

Summary

The ChampCoin'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 coin in the near future. Click Here to get the full Report on The ChampCoin (TCC).

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