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Is ZIMBOCASH (ZASH) trending down or up on Friday?

InvestorsObserver gives ZIMBOCASH an average long-term technical score of 58 from its research. The proprietary rating system takes into account the historical trading patterns of the last few months to a year of the token’s support and resistance levels, in addition to where it stands in relation to the long-term averages. The analysis helps determine if this is a strong buy-and-hold investment opportunity for traders right now. ZASH currently has a superior long-term technical analysis value than 58% of the cryptos in circulation. Long-term rank is most relevant for buy-and-hold investors looking for strong, steady growth when allocating their wealth. The combination of a high long-term and short-term technical score will also help portfolio managers spot tokens that have bottomed out.

Long term technical - 58
InvestorsObserver gives ZIMBOCASH a long-term technical rank of 58. Find out what that means for you and get the rest of the leaderboard on ZIMBOCASH!

Trade Analysis

ZIMBOCASH price is -$0.0058064 (-30.17%) below its 100-day moving average price of $0.019247917 as the price is currently at $0.013441556. Additionally, ZASH is up $0.0101182 (-330585.85%) from its 52-week low of $0.003323360, while -$1.35880864 (-727.75%) below its 52-week high of $1.372250199 lies. The current trading price relative to its long-term average along with its 52-week high and low gives ZASH an average long-term technical score of 58. ZIMBOCASH’s long-term trading movement suggests that investors are neutral on the token at the moment. ZIMBOCASH has a market cap of $21,380,353.73 and a relatively average average daily volume, with the currency trading at $59,789.61 over the typical 24-hour period. In the last 24 hours, ZASH’s volume was below its seven-day average at 6,631.32 exchanged.

summary

Last year’s ZIMBOCASH technical analysis found that the crypto earned an average long-term technical score of 58 as its price action over that time has given traders reason to be neutral on the token in the long-term. For the full ZIMBOCASH (ZASH) report, click here.

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