How does it rank on Saturday on long-term trading metrics?
POA Network receives a low long-term technical score of 1 of Investors Observerresearch based on historical business models. The proprietary scoring system weighs the price movement of the past few months to a year, analyzes the coin’s support and resistance levels, and where it stands against long-term averages to determine if it is ‘a solid buy and hold investment opportunity. POA currently holds a long-term technical analysis score of over 1% of cryptos in circulation. This ranking metric is particularly useful for buy and hold investors looking for strong, steady growth when allocating their assets. Coins with a high technical score in the long and short term can help indicate that assets have bottomed out, offering investors a chance to “buy the down”.
The current trading price of $ 0.005428277 for POA is $ -0.2448778 (-97.83%) below the 100-day moving average of $ 0.250306094 coins. The POA is $ 0.8146908 (1358.59%) above its 52-week low of $ -0.809262514 and $ -1.69956521 (-586.19%) below its price. 52-week maximum of $ 1.704993486. The current POA Network price relative to the long term coin average and 52 week highs and lows, gives the crypto a long term average technical score of 1. The price movement and range of POA suggests that investors are bearish on the coin at this point. time. POA Network currently has a total market cap of $ 1,601,151.72 to support its average daily currency volume of $ 2,105.93 over the past seven days. POA volume is below its seven-day average over the past 24 hours, with 330.88 traded during that time. This part’s subclass distributed software platform: A platform is a decentralized infrastructure designed for a specific purpose. These can take the form of exchanges for cryptocurrency trading, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing, and big data collection, among others.
Trading patterns over the past year for POA Network have led to a low long-term technical score of 1 for the coin, as its consistency, volatility, and relationship to long-term averages have given investors a reason to be bearish on the coin. Click here for the full POA Network (POA) report.