What does the chart look like on Friday?

What does the chart look like on Friday?

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Friday the 14th October 2022 10:31 | InvestorsObserver analysts

9D NFT (COGI): How does the chart look on Friday?

9D NFT gets a strong short-term technical score of 72 from InvestorsObserver analysis. Our proprietary scoring system assesses the recent trading patterns of the token by looking at its price movement to determine if it is trending in the right direction. COGI has a better recent technical analysis than 72% of tokens at the current price. Investors focused on short-term growth and looking for hot and trendy coins will find short-term rankings particularly relevant when allocating their assets.

Short-term technical - 72
InvestorsObserver giving 9D NFT a 72 short-term technical rating. Find out what this means for you and get the rest of the rankings on 9D NFT!

Trade analysis

9D NFT is $0.001273 (18.23%) higher than its 30-day low of $0.006983279 while also $-0.000829 (-9.13%) lower than its high of $0.00908562 as of last trading month. Meanwhile, COGI’s current price of $0.008256303 is above the average price of $0.007775230 set over the last trading month, leading to a strong short-term technical score. In summary, the recent trading history of 9D NFT suggests that traders are currently bullish on the token. COGI has a relatively low market cap for a token with a total market cap of $206,189.50. 9D NFT’s relatively low market cap comes as it is under $100 million, while the top 100 cryptos remain over $1 billion in market cap and the top 500 are over $100 million. 9D NFT’s average volume, meanwhile, is low with $44,259.26 worth of the token traded over a typical 24-hour period. COGI’s volume is relatively low as the top 100 cryptos typically have $100 million traded each day and smaller cryptos tend to sit below $5 million traded over 24 hours. In the last 24 hours, COGI’s volume is below average with $6,227.61 exchanged. 9D NFT’s subclass Gaming: Gaming cryptocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain allowing users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded for other uses. This subclass also includes tokens used in gambling and other forms of entertainment.

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Summary

COGI’s recent trade over the past month gives it a strong short-term technical score as the recent price movement gives traders reason to be more bullish on the token in the near term. Click here to get the full report on 9D NFT (COGI).

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