Zetacoin (ZET): Does it Score Well on Short-Term Trading Metrics Saturday?

Saturday, November 12, 2022 09:43 AM | InvestorsObserver Analysts

Zetacoin receives a weak short-term technical ranking of 13 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. ZET has a superior recent technical analysis than 13% 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.

InvestorsObserver is giving Zetacoin a 13 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Zetacoin!

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Trading Analysis

Zetacoin is $0.000047 (7.49%) higher than its 30-day low price of $0.000627308 while also -$0.000398 (-37.12%) lower than its high of $0.00107234 from the past month of trading. Meanwhile, ZET's current price of $0.000674294 is under its average price of $0.000955973 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Zetacoin suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data for ZET are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Zetacoin extra intriguing.

Summary

Zetacoin's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the coin in the near future. Click Here to get the full Report on Zetacoin (ZET).