How Does the Chart Look Monday?

News Home

Monday, January 22, 2024 09:22 AM | InvestorsObserver Analysts

DeFi Kingdoms (JEWEL): How Does the Chart Look Monday?

DeFi Kingdoms receives a weak long-term technical score of 12 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token’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, JEWEL holds a superior long-term technical analysis score than 12% 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 tokens that have bottomed out.

Long-Term Technical - 12
InvestorsObserver is giving DeFi Kingdoms a 12 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DeFi Kingdoms!

Trading Analysis

DeFi Kingdoms’s price is -$0.0200000 (-7.00%) below its 100-day moving average price of $0.220000000 as its price at the moment sits at $0.210000000. Additionally, JEWEL is $0.1300000 (-14735.57%) higher than its 52-week low price of $0.070000000 while -$0.63000000 (-1173.15%) under its 52-week high of $0.830000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives JEWEL an average long-term technical score of 12. Long-term trading movement of DeFi Kingdoms suggest that investors are bearish on the token at the moment.

DeFi Kingdoms currently has a total market cap of $23,230,635.46 to go along with its average daily volume of $1,068,418.93 worth of the currency over the past seven days. JEWEL’s volume is below its seven day average as of the past 24 hours, with 155,932.25 exchanged in that period.

Summary

Technical analysis of DeFi Kingdoms over the past year results in the crypto receiving a a weak long-term technical score of 12 as its price movement in that time has given traders reason to be bearish on the token in the long-term.

Click Here to get the full Report on DeFi Kingdoms (JEWEL).

You May Also Like

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *