YoloCash (YLC): Does it Score Well on Short-Term Trading Metrics Friday?

Friday, December 31, 2021 06:43 PM | InvestorsObserver Analysts

YoloCash receives a strong short-term technical ranking of 86 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. YLC has a superior recent technical analysis than 86% 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.

InvestorsObserver is giving YoloCash a 86 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on YoloCash!

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Trading Analysis

YLC is currently $0.000307 (65.62%) above its 30-day low of $0.000468479 and -$0.000606 (-43.86%) below its 30-day high of $0.00138209. Additionally, YLC is above its average price of $0.000634514 over the past month of trading with its current price of $0.000775878. Overall, the recent trading history of YoloCash suggest that traders are currently bullish on the token. YLC has a low market cap compared to the majority of tokens with a total market value of $22,887.93. YoloCash'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. YoloCash's average volume is low as $193,513.90 worth of the token is typically traded over a 24 hour period. YLC'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 YLC's volume is below its average with $54,221.77 exchanged.

Summary

YoloCash's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on YoloCash (YLC).