Emirex Token receives a weak long-term technical score of 4 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, EMRX holds a superior long-term technical analysis score than 4% 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.
Trading Analysis
Emirex Token’s price is -$0.3600000 (-62.51%) below its 100-day moving average price of $0.570000000 as its price at the moment sits at $0.210000000. Additionally, EMRX is $0.0100000 (-5169.45%) higher than its 52-week low price of $0.210000000 while -$0.77000000 (-995.95%) under its 52-week high of $0.980000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives EMRX an average long-term technical score of 4. Long-term trading movement of Emirex Token suggest that investors are bearish on the token at the moment.
Emirex Token has a total market value of $5,790,934.20 with an low average daily volume of $747,546.33 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, EMRX’s volume is below its average with $116,440.07 exchanged in total.
Summary
EMRX’s historical trading over the past year gives it a a weak long-term technical score of 4 as its price movement in that time has given investors reason to be bearish on the token in the long-term.
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