What do the Short-Term Technicals Predict for YENTEN (YTN) Tuesday?

Tuesday, February 08, 2022 10:43 AM | InvestorsObserver Analysts

YENTEN receives a strong short-term technical ranking of 83 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. YTN has a superior recent technical analysis than 83% of coins 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 YENTEN a 83 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on YENTEN!

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Trading Analysis

YTN is currently $0.001226 (73.91%) above its 30-day low of $0.001659262 and -$0.001983 (-40.74%) below its 30-day high of $0.00486908. Additionally, YTN is above its average price of $0.002293964 over the past month of trading with its current price of $0.002885612. Overall, the recent trading history of YENTEN suggest that traders are currently bullish on the coin. YTN has a low market cap compared to the majority of coins with a total market value of $121,057.38. YENTEN'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. YENTEN's average volume is low as $1,690.93 worth of the coin is typically traded over a 24 hour period. YTN'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 YTN's volume is below its average with $266.12 exchanged.

Summary

YTN's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the coin in the short-term. Click Here to get the full Report on YENTEN (YTN).