xRhodium (XRC): How Does it Rank Tuesday on Long-Term Trading Metrics?

Tuesday, January 25, 2022 03:23 PM | InvestorsObserver Analysts

xRhodium receives a weak long-term technical score of 1 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, XRC holds a superior long-term technical analysis score than 1% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving xRhodium a 1 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on xRhodium!

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Trading Analysis

The current trading price of $0.810000000 for XRC is -$1.3700000 (-62.82%) below the coins 100-day moving average of $2.180000000. XRC meanwhile is $0.3900000 (-2410.80%) above its 52-week low of $0.420000000 and -$15.88000000 (-55.03%) under its 52-week high price of $16.690000000. xRhodium's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 1. The price movement and range of XRC suggest that investors are bearish on the coin at this time. xRhodium currently has a total market cap of $1,015,058.50 to go along with its average daily volume of $5,673.70 worth of the currency over the past seven days. XRC's volume is below its seven day average as of the past 24 hours, with 804.37 exchanged in that period. This coin's subclass Digital Money: Digital Money is an asset, commodity, or currency intended to maintain value and liquidity over time so that it may be used the same way fiat currencies are used.

Summary

Trading patterns over the last year for xRhodium leads to the coin's a weak long-term technical score of 1 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on xRhodium (XRC).