What do the long term technicals predict for TE-FOOD (TONE) on Saturday?

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TE-FOOD receives a strong long-term technical rating of 99 from InvestorsObserverresearch based on historical trading patterns. The proprietary scoring system assesses the price movement of the past few months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine if it is a strong buy and hold investment opportunity. TONE currently holds a long-term technical analysis score above 99% of the cryptos in circulation. This ranking metric is particularly useful for buy-and-hold type investors looking for consistent strong growth when allocating their assets. tokens with a high technical score in the long and short term can help point to assets that have bottomed out, giving investors a chance to “buy the dip”.

InvestorsObserver gives TE-FOOD a long-term technical ranking of 99. Find out what this means for you and get the rest of the ranking on TE-FOOD!

Business analysis

The price of TE-FOOD is $0.0155759 (74.01%) above its 100-day moving average price of $0.021046504, with its price currently standing at $0.036622372. Additionally, TONE is $0.0286303 (-137178.53%) above its 52-week low of $0.007992051 while -$0.06348980 (-9952.21%) is below its 52-week high of $0.100112170. The current trading price against its long-term average as well as its 52-week high and low, gives TONE a solid long-term technical score of 99. TE-FOOD’s long-term trading movement suggests that investors are neutral on the token at the moment. TE-FOOD has a total market value of $21,527,863.80 with an average daily volume of $105,303,783.43 of the currency traded over a typical 24-hour period. In the past 24 hours, TONE’s volume is below its average with $13,441,112.21 traded in total.

Summary

Trading patterns over the past year for TE-FOOD gave the token a strong long-term technical score of 99, as its consistency, volatility, and relationship to long-term averages gave investors reason to be neutral on the token. Click here for the full TE-FOOD (TONE) report.

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