InvestorsObserver gives Rubic an average long-term technical score of 55 from his 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 long-term averages. The analysis helps determine if this is a strong buy-and-hold investment opportunity for traders right now. RBC has superior long-term technical analysis value than 55% of cryptos in circulation at this point. Long-Term Rank is most relevant for buy-and-hold investors looking for strong, steady growth in 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.
RBC’s current trading price of $0.026497252 is -$0.0475170 (-64.20%) below the token’s 100-day moving average of $0.074014292. RBC, meanwhile, is down $0.0150217 (-95625.37%) from its 52-week low of $0.011475514 and -$0.44503447 (-2115.13%) below its 52-week high of 0, $471531719. Rubic’s current price relative to the token’s long-term average and 52-week high and low gives the crypto an average long-term technical score of 55. RBC’s price action and range suggest that investors are currently investing in the token are neutral towards . Rubic has a market cap of $2,888,200.51 and a relatively low average daily volume with $1,471,389.59 worth of the currency traded over a typical 24-hour period. In the past 24 hours, RBC’s volume was below its seven-day average at 209,346.84 units exchanged. The subclass of this token Decentralized Finance: DeFi or decentralized finance, tokens are tokens created as an alternative to traditional financial institutions. These tokens aim to alleviate the needs of brokers, exchanges and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.
Trading patterns for Rubic over the past year resulted in the token’s average long-term technical score of 55, as its consistency, volatility and relationship to long-term averages have given investors reason to be neutral on the token. For the full Rubic (RBC) report, click here.