Zero (ZER): How Does the Chart Look Monday?

Monday, August 08, 2022 02:17 PM | InvestorsObserver Analysts

Zero receives a weak long-term technical score of 4 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, ZER holds a superior long-term technical analysis score than 4% 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 Zero a 4 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Zero!

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Trading Analysis

The current trading price of $0.008607764 for ZER is -$0.0089977 (-51.11%) below the coins 100-day moving average of $0.017605439. ZER meanwhile is $0.0059799 (-418270.36%) above its 52-week low of $0.002627820 and -$0.37465064 (-2606.96%) under its 52-week high price of $0.383258402. Zero'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 4. The price movement and range of ZER suggest that investors are bearish on the coin at this time. Zero has a market capitalization of $101,008.46 and a relatively low average daily volume with $54.58 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ZER's volume is below its seven day average with 7.94 exchanged.

Summary

ZER's historical trading over the past year gives it a a weak long-term technical score of 4 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 Zero (ZER).