Yocoin (YOC): How Does the Chart Look Friday?

Friday, January 28, 2022 11:02 AM | InvestorsObserver Analysts

Yocoin receives an average long-term technical score of 42 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. YOC currently holds a superior long-term technical analysis score than 42% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Yocoin a 42 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Yocoin!

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Trading Analysis

The current trading price of $0.000111544 for YOC is -$0.0001342 (-54.61%) below the coins 100-day moving average of $0.000245719. YOC meanwhile is $0.0000912 (-53985961.83%) above its 52-week low of $0.000020375 and -$0.00255430 (-375112.09%) under its 52-week high price of $0.002665840. Yocoin'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 42. The price movement and range of YOC suggest that investors are bearish on the coin at this time. Yocoin has a total market value of $41,233.35 with an low average daily volume of $82.80 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, YOC's volume is below its average with $11.20 exchanged in total.

Summary

YOC's historical trading over the past year gives it a an average long-term technical score of 42 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on Yocoin (YOC).