Bean Cash 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, BITB 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
BITB is currently -$0.0000331 (-47.87%) below its 100-day moving average price of $0.000069082 with its current price of $0.000036012. Meanwhile, Bean Cash is $0.0000225 (-81280939.20%) above its 52-week low price of $0.000013533 and -$0.00091026 (-1056777.54%) below its 52-week high of $0.000946270. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 48. Trends for the long-term trading history of Bean Cash suggest that traders are currently bearish on the coin.
Bean Cash currently has a total market cap of $184,214.45 to go along with its average daily volume of $42.56 worth of the currency over the past seven days. BITB’s volume is below its seven day average as of the past 24 hours, with 6.38 exchanged in that period.
Summary
Trading patterns over the last year for Bean Cash leads to the coin’s an average long-term technical score of 48 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin.
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