NFT Worlds (WRLD) What Does the Chart Say Tuesday?

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Tuesday, August 22, 2023 10:48 AM | InvestorsObserver Analysts

NFT Worlds (WRLD) What Does the Chart Say Tuesday?

NFT Worlds receives a strong short-term technical score of 94 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. WRLD holds a better recent technical analysis than 94% 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 - 94
InvestorsObserver is giving NFT Worlds a 94 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on NFT Worlds!

Trading Analysis

NFT Worlds is $0.011101 (56.06%) above its 30-day low of $0.019800929 while -$0.000041 (-0.13%) below its 30-day high of $0.03094287. In addition, WRLD’s current price of $0.030902104 is above its 30-day moving average price of $0.024156268, leading to a strong short-term technical score. Overall the recent trading history of NFT Worlds suggest that investors are bullish on the token at the moment.

WRLD has a average market cap compared to the majority of tokens with a total market value of $22,005,099.57. The market valuation for NFT Worlds is relatively average due to the largest 100 cryptos having a market cap above $1 billion and WRLD sits underneath that mark but remains above $100 million in market capilization. NFT Worlds’s average volume is average as $1,173,545.76 worth of the token is typically traded over a 24 hour period. The volume for WRLD is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours WRLD’s volume is below its average with $168,584.33 exchanged.

Summary

NFT Worlds’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 NFT Worlds (WRLD).

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