Mirrored, Apple gets a weak long-term technical score of 1 InvestorsObserver‘s research is based on historical trading patterns. The proprietary scoring system weighs price action over the past few months up to a year, analyzing the token’s support and resistance levels and where it ranks against long-term averages to determine if it’s a strong buy-and-hold -investment opportunity. mAAPL currently holds a superior long-term technical analysis value than 1% of cryptos in circulation. This ranking metric is most useful for buy-and-hold investors looking for strong, steady growth in allocating their wealth. Tokens with high long- and short-term technical scores can help indicate assets that have bottomed and offer investors an opportunity to “buy the dip.”
mAAPL is currently -$143.3 billion (-97.39%) below its 100-day moving average price of $147.14 billion with its current price of $3.84 billion. Meanwhile, Mirrored Apple is up $0.0600000 (-189.33%) from its 52-week low of $3.78 billion and -$216.00000000 (-2.80%) below its 52-week high of 219 $.84 billion. The current price relative to its moving average and 52-week high and low results in an average long-term technical score of 1. Trends for Mirrored Apple’s long-term trading history suggest that traders are currently bearish on the token. Mirrored Apple has a market cap of $34,462.09 and a relatively low average daily volume with $73,770.70 worth of the currency traded over a typical 24-hour period. In the last 24 hours, the volume of mAAPL traded 10,700.59 below its seven-day moving average. This token’s subclass Wrapped Tokens: A wrapped token is an on-chain representation of another asset. It can be a cryptocurrency represented on a different blockchain, or it can be a different type of asset, e.g. B. a stock or a commodity. This allows crypto traders to access non-crypto assets and trades on a change to gain access to assets on a different chain.
Last year’s Mirrored Apple technical analysis found that the crypto received a weak long-term technical rating of 1, as its price action during this period has given traders reason to keep the token bearish for the long-term. For the full Mirrored Apple (mAAPL) report, click here.
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