InvestorsObserver gives Lympo Market Token a weak short-term technical score of 0 from its analysis. The proprietary scoring system considers the token’s trading history over the past month to determine the strength of its short-term technicals. LMT has currently traded better than 0% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.
Trading Analysis
LMT is currently $0.000954 (77.83%) above its 30-day low of $0.001225434 and -$0.186931 (-98.85%) below its 30-day high of $0.18911035. Additionally, LMT is under its average price of $0.154903205 over the past month of trading with its current price of $0.002179135. Overall, the recent trading history of Lympo Market Token suggest that traders are currently bearish on the token.
LMT has a relatively low market cap for a token with a total market value of $66,850.57. Lympo Market Token’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Lympo Market Token’s average volume meanwhile is low with $5,035,689.40 worth of the token traded over a typical 24 hour period. LMT’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, LMT’s volume is below its average with $2,583,915.55 exchanged.
Lympo Market Token’s subclass Sports and Fan Tokens: Tokens connected to sports and other fandoms. These may provide access to exclusive rewards. They may or may not be issued by a particular sports franchise or club. Some of these tokens can be traded for club merchandise or even be exclusive digital art.
Summary
LMT’s recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term.
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