InvestorsObserver gives Tidex Token a weak long-term technical score of 1 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’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.
TDX at this time has a superior long-term technical analysis score than 1% 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 tokens that have bottomed out.
Trading Analysis
The current trading price of $0.050000000 for TDX is -$0.0800000 (-61.28%) below the tokens 100-day moving average of $0.130000000.TDX meanwhile is $0.0300000 (-54756.71%) above its 52-week low of $0.020000000 and -$0.51000000 (-1773.73%) under its 52-week high price of $0.560000000. Tidex Token’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 1. The price movement and range of TDX suggest that investors are bearish on the token at this time.
Tidex Token has a market capitalization of $482,942.09 and a relatively low average daily volume with $258.57 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, TDX’s volume is below its seven day average with 36.39 exchanged.
This token’s subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.
Summary
Trading patterns over the last year for Tidex Token leads to the token’s a weak long-term technical score of 1 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token.
