Netvrk received a Long-Term Weak Technical score of 1 from: investor observerThe research is based on past trading patterns. Proprietary scoring system weighs price movements over recent months to a year and analyzes a token's support and resistance levels and relative relationship to long-term averages to identify strong buy-and-hold investment opportunities determine whether it is. NTVRK currently holds a better long-term technical analysis score than 1% of cryptocurrencies in circulation. This ranking metric is most useful for buy-and-hold investors looking for strong, steady growth when allocating their assets. Tokens with high long-term and short-term technical scores can help indicate that an asset has bottomed out, providing investors with the opportunity to “buy the dip.”
trading analysis
NTVRK is currently -$0.1543019 (-85.25%) below its 100 day moving average price of $0.181003761 and its current price is $0.026701846. Meanwhile, Netvrk is trading above its 52-week low of $0.013985079 by $0.0127168 (-78464.33%) and below its 52-week high of $0.388754457 by -$0.36205261 (-2565.45%). Comparing the current price to the moving average and 52-week high and low yields an average long-term technical score of 1. Trends in Netvrk’s long-term trading history suggest that traders are currently bearish on this token. Netvrk has a total market capitalization of $1,349,991.54 with a low average daily trading volume of $191,568.13 equivalent of currencies that are typically exchanged in 24 hours. Over the past 24 hours, NTVRK had below average trading volume with a total of $26,147.50 exchanging hands.
summary
Netvrk’s technical analysis for the past year has given the cryptocurrency a weak long-term technical score of 1, as price movements over that period have given traders reason to be bearish on the token in the long term. Click here to get the full report on Netvrk (NTVRK).
