Raven Protocol receives a weak long-term technical score of 23 InvestorsObserver Analysis. Our proprietary scoring system considers trading patterns over the last few months to a year, analyzing the token’s consistency and volatility and where it stands against long-term averages to determine if it’s a strong buy-and-hold -investment opportunity. Currently, RAVEN holds a superior long-term technical analysis value than 23% of cryptocurrencies. Long-term investors employing a buy-and-hold strategy will find long-term rank particularly relevant to their asset allocation, and may find additional value by finding cryptos with a high short-term technical score to discover tokens that can have bottomed out.
RAVEN is currently -$0.0002417 (-50.20%) below its 100-day moving average price of $0.000481508 with its current price of $0.000239769. Meanwhile, Raven Protocol is $0.0001530 (-12679177.65%) above its 52-week low of $0.000086755 and -$0.00345597 (-270575.72%) below its 52-week high of 0, 003695735$. The current price relative to its moving average and 52-week high and low results in an average long-term technical score of 23. Trends for the Raven protocol’s long-term trading history suggest that traders are currently bearish on the token . No volume and market cap data is currently available for RAVEN. 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 tokens like the Raven protocol particularly intriguing.
Historical trading of RAVEN over the past year returns a weak long-term technical score of 23, as price action over this period has given investors reason to be bearish on the token over the long term. For the full Raven Protocol (RAVEN) report, click here.
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