What do the Long-Term Technicals Predict for 1Million Token (1MT) Friday?


1Million Token receives a strong long-term technical score of 80 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, 1MT holds a superior long-term technical analysis score than 80% 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.

Long-Term Technical - 80
InvestorsObserver is giving 1Million Token a 80 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 1Million Token!

Trading Analysis

1MT is currently -$0.0500000 (-8.87%) below its 100-day moving average price of $0.530000000 with its current price of $0.480000000. Meanwhile, 1Million Token is $0.4300000 (-20047.89%) above its 52-week low price of $0.050000000 and -$2.69000000 (-299.77%) below its 52-week high of $3.180000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 80. Trends for the long-term trading history of 1Million Token suggest that traders are currently neutral on the token.

1Million Token has a total market value of $479,726.62 with an low average daily volume of $163,246.82 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, 1MT’s volume is below its average with $21,878.68 exchanged in total.

This token’s subclass Gaming: Gaming crytpocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain which allows users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded with other uses. This subclass also includes tokens used in gambling and other forms of entertainment.

Summary

Trading patterns over the last year for 1Million Token leads to the token’s a strong long-term technical score of 80 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.

Click Here to get the full Report on 1Million Token (1MT).



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