InvestorsObserver gives Indorse Token a strong long-term technical score of 77 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.
IND at this time has a superior long-term technical analysis score than 77% 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
Indorse Token’s price is -$0.0050912 (-43.67%) below its 100-day moving average price of $0.011657896 as its price at the moment sits at $0.006566727. Additionally, IND is $0.0057300 (-1313790.81%) higher than its 52-week low price of $0.000836772 while -$0.09153145 (-10187.18%) under its 52-week high of $0.098098174. The current trading price in relation to its long-term average along with its 52-week high and low, gives IND a strong long-term technical score of 77. Long-term trading movement of Indorse Token suggest that investors are neutral on the token at the moment.
Currently, volume and market capitalization data is not available for IND. 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 Indorse Token extra intriguing.
Summary
IND’s historical trading over the past year gives it a a strong long-term technical score of 77 as its price movement in that time has given investors reason to be neutral on the token in the long-term.
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