InvestorsObserver gives Bitcoin Atom a strong long-term technical score of 86 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.
BCA at this time has a superior long-term technical analysis score than 86% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.
Trading Analysis
Bitcoin Atom’s price is -$0.0117113 (-22.96%) below its 100-day moving average price of $0.050997794 as its price at the moment sits at $0.039286519. Additionally, BCA is $0.0191209 (-54353.40%) higher than its 52-week low price of $0.020165645 while -$1.35610256 (-713.83%) under its 52-week high of $1.395389080. The current trading price in relation to its long-term average along with its 52-week high and low, gives BCA a strong long-term technical score of 86. Long-term trading movement of Bitcoin Atom suggest that investors are neutral on the coin at the moment.
Bitcoin Atom has a total market value of $723,615.69 with an low average daily volume of $157.81 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BCA’s volume is below its average with $21.83 exchanged in total.
Summary
BCA’s historical trading over the past year gives it a a strong long-term technical score of 86 as its price movement in that time has given investors reason to be neutral on the coin in the long-term.
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