Is Name Change Token (NCT) Trending Lower or Higher Thursday?


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    Thursday, January 13, 2022 12:34 PM | InvestorsObserver Analysts

    Is Name Change Token (NCT) Trending Lower or Higher Thursday?

    Name Change Token receives a strong short-term technical score of 99 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. NCT holds a better recent technical analysis than 99% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

    Short-Term Technical - 99
    InvestorsObserver is giving Name Change Token a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Name Change Token!

    Trading Analysis

    NCT is currently $0.026538 (262.73%) above its 30-day low of $0.010100816 and -$0.007918 (-17.77%) below its 30-day high of $0.04455670. Additionally, NCT is above its average price of $0.021360001 over the past month of trading with its current price of $0.036638791. Overall, the recent trading history of Name Change Token suggest that traders are currently bullish on the token.

    NCT has a relatively low market cap for a token with a total market value of $1,945,145.81. Name Change 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. Name Change Token’s average volume meanwhile is low with $2,223,880.87 worth of the token traded over a typical 24 hour period. NCT’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, NCT’s volume is below its average with $352,248.95 exchanged.

    Name Change Token’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

    Summary

    NCT’s recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term.

    Click Here to get the full Report on Name Change Token (NCT).

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