What do the Short-Term Technicals Predict for Virtua (TVK) Sunday?

Sunday, January 29, 2023 07:15 AM | InvestorsObserver Analysts

InvestorsObserver gives Virtua a strong short-term technical score of 96 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. TVK has currently traded better than 96% of tokens 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.

InvestorsObserver is giving Virtua a 96 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Virtua!

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Trading Analysis

TVK is currently $0.018398 (62.51%) above its 30-day low of $0.029434983 and $0.000000 (0.00%) below its 30-day high of $0.04783335. Additionally, TVK is above its average price of $0.033791388 over the past month of trading with its current price of $0.047833354. Overall, the recent trading history of Virtua suggest that traders are currently bullish on the token. TVK has a average market cap compared to the majority of tokens with a total market value of $46,316,622.81. The market valuation for Virtua is relatively average due to the largest 100 cryptos having a market cap above $1 billion and TVK sits underneath that mark but remains above $100 million in market capilization. Virtua's average volume is average as $72,890,993.42 worth of the token is typically traded over a 24 hour period. The volume for TVK 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. Over the past 24 hours TVK's volume is below its average with $36,057,358.04 exchanged. Virtua's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Virtua's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on Virtua (TVK).