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

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Monday, January 22, 2024 06:52 AM | InvestorsObserver Analysts

PRivaCY Coin (PRCY): How Does it Rank Monday on Long-Term Trading Metrics?

PRivaCY Coin receives a weak long-term technical score of 2 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’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.

PRCY currently holds a superior long-term technical analysis score than 2% 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. coins 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 - 2
InvestorsObserver is giving PRivaCY Coin a 2 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on PRivaCY Coin!

Trading Analysis

The current trading price of $0.032290368 for PRCY is -$0.4292598 (-93.00%) below the coins 100-day moving average of $0.461550212. PRCY meanwhile is $0.0285681 (-294652.93%) above its 52-week low of $0.003722247 and -$6,593.60442838 (-0.15%) under its 52-week high price of $6,593.636718750. PRivaCY Coin’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 2. The price movement and range of PRCY suggest that investors are bearish on the coin at this time.

PRivaCY Coin has a market capitalization of $467,178.85 and a relatively low average daily volume with $16.32 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, PRCY’s volume is below its seven day average with 2.48 exchanged.

This coin’s subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.

Summary

Trading patterns over the last year for PRivaCY Coin leads to the coin’s a weak long-term technical score of 2 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin.

Click Here to get the full Report on PRivaCY Coin (PRCY).

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