Is Sportcash One (SCONEX) trending down or up on Wednesday?

Sportcash One receives a strong long-term technical score of 98 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 compares to long-term averages to determine if it’s a strong buy-and-hold -investment opportunity. Currently, SCONEX has superior long-term technical analysis value than 98% 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.

Long term technical - 98
InvestorsObserver gives Sportcash One a long-term technical rank of 98. Find out what that means for you and get the rest of the leaderboard on Sportcash One!

Trade Analysis

SCONEX is currently -$0.0008077 (-16.28%) below its 100-day moving average price of $0.004960440 with its current price of $0.004152740. Meanwhile, Sportcash One is up $0.0020528 (-523635.83%) from its 52-week low of $0.002099904 and -$0.04519490 (-20255.98%) below its 52-week high of 0 $.049347643. The current price relative to its moving average and 52-week high and low result in a strong long-term technical score of 98. Trends for Sportcash One’s long-term trading history suggest that traders are currently neutral on the token. Sportcash One currently has a total market cap of $52,767.08, which is the currency’s average daily volume worth $52,428.94 over the last seven days. SCONEX’s volume is below its seven-day moving average over the past 24 hours, with 7,572.73 trades over the period. This token’s subclass Sports and Fan Tokens: Tokens associated with sports and other fan bases. These may grant access to exclusive rewards. They may or may not be issued by a specific sports franchise or club. Some of these tokens can be exchanged for club merchandise or even be exclusive digital art.

summary

SCONEX’s historical trading over the past year gives it a strong long-term technical score of 98, as its price action over this period has given investors reason to be neutral on the token over the long term. For the full Sportcash One (SCONEX) report, click here.

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