Zenswap Network Token receives a weak short-term technical score of 13 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. ZNT holds a better recent technical analysis than 13% 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.
Trading Analysis
Zenswap Network Token is $0.000000 (31.85%) above its 30-day low of $0.000001111 while -$0.111574 (-100.00%) below its 30-day high of $0.11157577. In addition, ZNT’s current price of $0.000001464 is under its 30-day moving average price of $0.000001669, leading to a weak short-term technical score. Overall the recent trading history of Zenswap Network Token suggest that investors are bearish on the token at the moment.
Currently, volume and market capitalization data for ZNT are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Zenswap Network Token extra intriguing.
Zenswap Network Token’s subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.
Summary
Zenswap Network Token’s price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token’s short-term movement.
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