Rai Reflex Index receives a strong long-term technical rating of 86 from InvestorsObserverresearch based on historical trading patterns. The proprietary scoring system assesses the price movement of the last 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. RAI currently holds a long-term technical analysis score above 86% 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”.
The price of the Rai Reflex Index is $0.0000000 (0.01%) above its 100-day moving average price of $3.030000000, with its price currently standing at $3.030000000. Additionally, the RAI is $0.4500000 (-310.04%) higher than its 52-week low of $2.570000000, while -$1.16000000 (-166.45%) is lower. at its 52-week high of $4.190000000. The current trading price against its long-term average as well as its 52-week high and low, gives RAI a strong long-term technical score of 86. The long-term trading movement of the Rai Reflex Index suggests that investors are neutral on the token for now. The Rai Reflex Index currently has a total market capitalization of $83,963,847.28 to go along with its average daily volume of $32,057,594.50 of the currency over the past seven days. RAI’s volume is below its seven-day average over the past 24 hours, with 1,890,808.28 traded over the period. Decentralized Finance subclass of this token: DeFi, or decentralized finance, tokens are tokens created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs of brokers, exchanges and/or banks by offering traditional financial products or services without the need for central authority through the use of smart contracts.
RAI’s historical trading over the past year gives it a strong long-term technical score of 86, as its price movement over this period has given investors reason to be neutral on the token over the long term. . Click here for the full Rai Reflex Index (RAI) report.
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