Indorse Token receives an average long-term technical score of 39 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token’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, IND holds a superior long-term technical analysis score than 39% 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 tokens that have bottomed out.
Trading Analysis
Indorse Token’s price is $0.00 (-0.32%) below its 100-day moving average price of $0.04 as its price at the moment sits at $0.04. Additionally, IND is $0.03 (-342379.95%) higher than its 52-week low price of $0.00 while -$0.06 (-10157.03%) under its 52-week high of $0.10. The current trading price in relation to its long-term average along with its 52-week high and low, gives IND an average long-term technical score of 39. Long-term trading movement of Indorse Token suggest that investors are bearish on the token at the moment.
Indorse Token has a total market value of $1,354,464.56 with an low average daily volume of $7.42 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, IND’s volume is below its average with $1.14 exchanged in total.
Summary
IND’s historical trading over the past year gives it a an average long-term technical score of 39 as its price movement in that time has given investors reason to be bearish on the token in the long-term.
