×
News Home

What do the Short-Term Technicals Predict for Wrapped LUNA Token (WLUNA) Saturday?

Saturday, May 14, 2022 06:43 PM | InvestorsObserver Analysts
What do the Short-Term Technicals Predict for Wrapped LUNA Token (WLUNA) Saturday?

Wrapped LUNA Token receives a weak short-term technical ranking of 2 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. WLUNA has a superior recent technical analysis than 2% 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.

Short-Term Technical - 2
InvestorsObserver is giving Wrapped LUNA Token a 2 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Wrapped LUNA Token!

Trading Analysis

WLUNA is currently $0.000461 (752.60%) above its 30-day low of $0.000061289 and -$99.332928 (-100.00%) below its 30-day high of $99.33345032. Additionally, WLUNA is under its average price of $73.142493185 over the past month of trading with its current price of $0.000522556. Overall, the recent trading history of Wrapped LUNA Token suggest that traders are currently bearish on the token.
WLUNA has a low market cap compared to the majority of tokens with a total market value of $0.00. Wrapped LUNA Token'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. Wrapped LUNA Token's average volume is low as $127,462,453.35 worth of the token is typically traded over a 24 hour period. WLUNA'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 WLUNA's volume is below its average with $23,354,461.86 exchanged.

Summary

WLUNA's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Wrapped LUNA Token (WLUNA).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App