InvestorsObserver gives Bitcoin Incognito a weak long-term technical score of 6 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.
XBI at this time has a superior long-term technical analysis score than 6% 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
XBI is currently -$0.0013361 (-76.01%) below its 100-day moving average price of $0.001757849 with its current price of $0.000421747. Meanwhile, Bitcoin Incognito is $0.0002249 (-5586613.73%) above its 52-week low price of $0.000196892 and -$0.00830012 (-114649.57%) below its 52-week high of $0.008721863. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 6. Trends for the long-term trading history of Bitcoin Incognito suggest that traders are currently bearish on the coin.
Bitcoin Incognito has a market capitalization of $5,496.09 and a relatively low average daily volume with $0.00 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, XBI’s volume is below its seven day average with 0.00 exchanged.
Summary
Technical analysis of Bitcoin Incognito over the past year results in the crypto receiving a a weak long-term technical score of 6 as its price movement in that time has given traders reason to be bearish on the coin in the long-term.
Click Here to get the full Report on Bitcoin Incognito (XBI).
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