CONTRACOIN's Technical Outlook: Clouded or Clear?

InvestorsObserver assigns CONTRACOIN (CTCN) a weak short-term technical score of 29 based on its analysis of the token's trading history over the past month. This score is based on CTCN's performance relative to other tokens in the market, with the token currently trading better than 29% of all tokens based on these metrics.

Is CONTRACOIN's Technical Outlook Cloudy?

InvestorsObserver's assessment of CONTRACOIN's technical performance over the past month yields a modest score of 29, indicating weakness. This proprietary scoring system analyzes trading history to gauge the token's short-term technical prowess. Based on these metrics, CTCN outperforms just 29% of its peers. Investors keen on recent trading patterns may find this ranking system particularly insightful for decision-making.

Trading Patterns: A Tale of Volatility

Currently, CTCN trades 54.28% above its 30-day low of $0.009997001, signaling a significant increase. However, it remains -$0.014583 or 48.60% below its 30-day high of $0.03000566, suggesting a recent decline. Moreover, CTCN's current price of $0.015423114 falls below its average price of $0.019600217 over the past month. This recent trading activity suggests a bearish sentiment among traders.

Summary: Cautious Stance

CTCN's recent trading behavior over the past month has earned it a weak short-term technical score. The token's price movements have instilled a bearish outlook among traders in the immediate term. For further insights, consider accessing the full report on CONTRACOIN (CTCN).