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Yocoin (YOC) What Does the Chart Say Saturday?

Saturday, April 30, 2022 10:50 AM | InvestorsObserver Analysts
Yocoin (YOC) What Does the Chart Say Saturday?

Yocoin receives an average short-term technical ranking of 35 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. YOC has a superior recent technical analysis than 35% 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.

Short-Term Technical - 35
InvestorsObserver is giving Yocoin a 35 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Yocoin!

Trading Analysis

Yocoin is $0.000092 (89.70%) higher than its 30-day low price of $0.000102704 while also -$0.000322 (-62.34%) lower than its high of $0.00051731 from the past month of trading. Meanwhile, YOC's current price of $0.000194834 is under its average price of $0.000346956 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Yocoin suggest that traders are currently neutral on the coin.
YOC has a low market cap compared to the majority of coins with a total market value of $72,022.20. Yocoin'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. Yocoin's average volume is low as $326.77 worth of the coin is typically traded over a 24 hour period. YOC'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 YOC's volume is below its average with $45.04 exchanged.

Summary

Yocoin's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the coin's short-term movement. Click Here to get the full Report on Yocoin (YOC).

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