Manna receives an average long-term technical score of 48 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
Currently, MANNA holds a superior long-term technical analysis score than 48% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.
Trading Analysis
Manna’s price is $0.0000055 (1.41%) above its 100-day moving average price of $0.000391249 as its price at the moment sits at $0.000396752. Additionally, MANNA is $0.0001785 (-5040396.08%) higher than its 52-week low price of $0.000218229 while -$0.00902710 (-106109.51%) under its 52-week high of $0.009423852. The current trading price in relation to its long-term average along with its 52-week high and low, gives MANNA an average long-term technical score of 48. Long-term trading movement of Manna suggest that investors are bearish on the coin at the moment.
Currently, volume and market capitalization data is not available for MANNA. 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 coins such as Manna extra intriguing.
Summary
Technical analysis of Manna over the past year results in the crypto receiving a an average long-term technical score of 48 as its price movement in that time has given traders reason to be bearish on the coin in the long-term.
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