InvestorsObserver gives Viacoin a low long-term technical score of 2 from its research. The proprietary rating 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. VIA currently has a long-term technical analysis score above 2% of the 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 technical score in the long and short term will also help portfolio managers uncover coins that have bottomed out.
VIA is currently -$0.0964703 (-68.59%) below its 100-day moving average price of $0.140642057 with its current price of $0.044171713. Meanwhile, Viacoin is $0.0240864 (-54546.52%) above its 52-week low of $0.020085292 and $-0.34165496 (-2580.39%) in below its 52-week high of $0.385826677. The current price against its moving average and 52-week highs and lows leads to a long-term average technical score of 2. Viacoin’s long-term trading history trends suggest that traders are currently bearish on the room. Viacoin currently has a total market capitalization of $1,023,668.60 to go along with its $4,937.08 average daily volume of the currency over the past seven days. VIA’s volume is below its seven-day average over the past 24 hours, with 744.45 traded over the period.
Technical analysis of Viacoin over the past year has seen the crypto receive a long-term technical low score of 2 as its price movement at this time has given traders reason to be bearish on the long-term piece. Click here for the full Viacoin (VIA) report.
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