What do the Short-Term Technicals Predict for Lympo Market Token (LMT) Saturday?


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    Saturday, January 15, 2022 02:43 PM | InvestorsObserver Analysts

    What do the Short-Term Technicals Predict for Lympo Market Token (LMT) Saturday?

    Lympo Market Token receives a weak short-term technical score of 0 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. LMT holds a better recent technical analysis than 0% 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.

    Short-Term Technical - 0
    InvestorsObserver is giving Lympo Market Token a 0 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Lympo Market Token!

    Trading Analysis

    LMT is currently $0.010702 (1060.33%) above its 30-day low of $0.001009287 and -$0.169478 (-93.54%) below its 30-day high of $0.18118925. Additionally, LMT is under its average price of $0.130332321 over the past month of trading with its current price of $0.011711031. Overall, the recent trading history of Lympo Market Token suggest that traders are currently bearish on the token.

    LMT has a relatively low market cap for a token with a total market value of $359,265.93. Lympo Market Token’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Lympo Market Token’s average volume meanwhile is low with $5,436,396.17 worth of the token traded over a typical 24 hour period. LMT’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, LMT’s volume is below its average with $787,575.44 exchanged.

    Lympo Market Token’s subclass Sports and Fan Tokens: Tokens connected to sports and other fandoms. These may provide access to exclusive rewards. They may or may not be issued by a particular sports franchise or club. Some of these tokens can be traded for club merchandise or even be exclusive digital art.

    Summary

    Lympo Market Token’s trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future.

    Click Here to get the full Report on Lympo Market Token (LMT).

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