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YoloCash (YLC) What Does the Chart Say Friday?

Friday, January 28, 2022 06:40 PM | InvestorsObserver Analysts
YoloCash (YLC) What Does the Chart Say Friday?

YoloCash receives a strong short-term technical score of 93 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. YLC holds a better recent technical analysis than 93% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 93
InvestorsObserver is giving YoloCash a 93 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on YoloCash!

Trading Analysis

YoloCash is $0.000159 (39.70%) higher than its 30-day low price of $0.000399930 while also -$0.000343 (-38.02%) lower than its high of $0.00090144 from the past month of trading. Meanwhile, YLC's current price of $0.000558705 is under its average price of $0.000637607 set over the past month of trading, leading to a strong short-term technical score. In summation, 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 $16,481.47. 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 $369,687.11 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 $54,552.01 exchanged.

Summary

YoloCash's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future. Click Here to get the full Report on YoloCash (YLC).

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