What do the short-term technicals predict for the Lympo Market Token (LMT) on Saturday?

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Saturday January 15, 2022 2:43 PM | InvestorsObservers Analysts

Lympo Market Token receives a low short-term technical score of 0 from InvestorsObserver To analyse. Our proprietary rating system takes into account the token’s recent trading trends by looking at price movement to determine if it is moving in the right direction. LMT holds better recent technical analysis than 0% tokens at its current price. Investors who focus on short-term growth and are looking for hot and trendy coins will find the short-term ranking particularly relevant when allocating their assets.

Short Term Technical - 0
InvestorsObserver gives the Lympo Market Token a short-term technical rank of 0. Find out what this means for you and get the rest of the Lympo Market Token ranking!

Business analysis

LMT is currently $0.010702 (1060.33%) above its 30-day low of $0.001009287 and -$0.169478 (-93.54%) below its 30-day high. 30 days of $0.18118925. Moreover, LMT is below its average price of $0.130332321 during the last trading month with its current price of $0.011711031. Overall, the recent trading history of Lympo Market Token suggests that traders are currently bearish on the token. LMT has a relatively low market cap for a token with a total market value of $359,265.93. The relatively low market value of Lympo Market Token comes from the fact that it sits below $100 million, while the top 100 cryptos remain above $1 billion in market capitalization and the top 500 sits above of $100 million. Lympo Market Token’s average volume, on the other hand, is low with $5,436,396.17 of the token traded in a typical 24-hour period. The volume of LMT is relatively low, as the top 100 most traded cryptos typically have $100 million traded daily and smaller cryptos tend to be less than $5 million traded in 24 hours. In the past 24 hours, LMT volume is below its average with $787,575.44 traded. Sports and Fan Tokens subclass of Lympo Market Token: Tokens related to sports and other fandoms. These can provide access to exclusive rewards. They may or may not be issued by a particular franchise or sports club. Some of these tokens can be redeemed for club merchandise or even be exclusive digital art.

Summary

Lympo Market Token trading over the past 30 days has led to a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click here for the full Lympo Market Token (LMT) report.

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