Saturday, June 17, 2023 09:21 AM | InvestorsObserver Analysts
Carbon Protocol receives a weak long-term technical score of 32 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. SWTH currently holds a superior long-term technical analysis score than 32% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
InvestorsObserver is giving Carbon Protocol a 32 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Carbon Protocol! Trading Analysis SWTH is currently -$0.0031942 (-41.91%) below its 100-day moving average price of $0.007620921 with its current price of $0.004426716. Meanwhile, Carbon Protocol is $0.0009339 (-314806.92%) above its 52-week low price of $0.003492799 and -$0.02547431 (-33428.87%) below its 52-week high of $0.029901022. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 32. Trends for the long-term trading history of Carbon Protocol suggest that traders are currently bearish on the token. Currently, volume and market capitalization data is not available for SWTH. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Carbon Protocol extra intriguing. This token’s subclass Derivatives: Derivatives are contracts or financial tools that derive value