InvestorsObserver gives Apollo a low long term technical score of 10 from his research. The proprietary scoring system takes into account the historical trading patterns of the last few months to one year of the coin’s support and resistance levels, in addition to their position against long-term averages. The analysis helps determine if this is currently a solid investment opportunity for traders. XAP currently has a long-term technical analysis score above 10% of circulating cryptopos. The long-term ranking will be most relevant for buy-and-hold type investors who seek strong and steady growth when allocating their assets. The combination of a high long-term and short-term technical score will also help portfolio managers uncover coins that have bottomed out.
Apollo’s price is -$0.0000312 (-42.89%) below its 100-day moving average price of $0.000072634, with its price currently sitting at $0.000041479. Moreover, XAP is $0.0000092 (-34076698.63%) above its 52-week low of $0.000032280 while -$0.00039055 (-2314644.44%) is below its 52-week high of $0.000432030. The current trading price against its long-term average as well as its 52-week highs and lows, gives XAP a long-term average technical score of 10. Apollo’s long-term trade movement suggests that investors are bearish on the coin at the moment. Currently, volume and market cap data is not available for XAP. Lack of available data is usually a sign of either a new coin or token entering the market, or a new one with extremely low volume and value levels that are not picked up by major vendors of data. No recorded volume or market capitalization is generally correlated with highly volatile coins which may not be the best investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Apollon more intriguing.
Trading patterns over the past year for Apollo have given the coin a low long-term technical score of 10, as its consistency, volatility, and relationship to long-term averages have given investors reason to be bearish on the coin. Click here for the full Apollon (XAP) report.