How Does it Rank Sunday on Long-Term Trading Metrics?

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Sunday, July 16, 2023 10:57 AM | InvestorsObserver Analysts

Internet Computer receives a strong long-term technical score of 69 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

ICP currently holds a superior long-term technical analysis score than 69% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

Long-Term Technical - 69
InvestorsObserver is giving Internet Computer a 69 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Internet Computer!

Trading Analysis

The current trading price of $4.160000000 for ICP is -$0.7100000 (-14.58%) below the tokens 100-day moving average of $4.870000000. ICP meanwhile is $0.7900000 (-202.97%) above its 52-week low of $3.370000000 and -$5.61000000 (-59.77%) under its 52-week high price of $9.770000000. Internet Computer’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 69. The price movement and range of ICP suggest that investors are neutral on the token at this time.

Internet Computer has a total market value of $1,826,917,682.08 with an high average daily volume of $99,657,204.98 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, ICP’s volume is below its average with $12,977,061.55 exchanged in total.

This token’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.


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