Anoncoin receives an average long-term technical score of 36 InvestorsObserver‘s research is based on historical trading patterns. The proprietary grading system weighs up price action over the past few months up to a year, analyzing the coin’s support and resistance levels and where it stands against long-term averages to determine if it’s a strong buy-and-hold investment opportunity acts. ANC currently holds a superior long-term technical analysis value than 36% of the cryptos in circulation. This ranking metric is most useful for buy-and-hold investors looking for strong, steady growth in allocating their wealth. Coins with high long- and short-term technical scores can help indicate assets that have bottomed and offer investors an opportunity to “buy the dip.”
Anoncoin’s price is -$0.0198382 (-52.31%) below its 100-day moving average price of $0.037921861 as the price stands at $0.018083622 right now. Additionally, ANC is up $0.0020098 (-68321.85%) from its 52-week low of $0.016073799, while -$0.30130161 (-3125.35%) is below its 52-week high of $0.319385231. The current trading price relative to its long-term average along with its 52-week high and low gives ANC an average long-term technical score of 36. Anoncoin’s long-term trading movement suggests that investors are bearish on the coin at the moment. No volume and market cap data is currently available for ANC. The lack of available data is usually a sign that either a new coin or token is being launched, or one with extremely low volume and value that is not being picked up by leading data providers. No recorded volume or market cap usually correlates with high volatile coins which may not be the best investment choice for the majority of investors. However, those looking for newer cryptos might find coins like Anoncoin particularly intriguing.
Trading patterns for Anoncoin over the last year resulted in the coin’s average long-term technical rating of 36, as its consistency, volatility and relation to long-term averages have given investors reason to rate the coin negatively. Click here for the full Anoncoin (ANC) report.
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