Is Bitcoin Green (BITG) Heading In The Right Direction On Wednesday?

Bitcoin Green receives an average short-term technical rating of 50 from InvestorsObserver data analysis. The proprietary rating system focuses on recent trading patterns over the past month to determine the strength of its short-term technical characteristics. BITG has a superior fresh technical analysis than 50% of the coins based on these trading metrics. Investors who primarily focus on short-term investment strategies will find this technical analysis most relevant to their goals when deciding whether to invest in a particular crypto.

InvestorsObserver gives Bitcoin Green a 50 short-term technical rating. Find out what this means for you and get the rest of the rankings on Bitcoin Green!

Trade analysis

Bitcoin Green is $0.004575 (43.75%) above the 30 day low of $0.010457836 while $-0.013396 (-47.12%) below the 30 day high of $0.02842937. Additionally, BITG’s current price of $0.015033156 is above its 30-day moving average price of $0.014612545, leading to an average short-term technical score. Overall, the recent trading history of Bitcoin Green suggests that investors are neutral on the coin at the moment. BITG has a relatively low market cap for a coin with a total market cap of $179,512.07. Bitcoin Green’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. Bitcoin Green’s average volume, meanwhile, is low with $1,512.08 worth of the coin traded over a typical 24-hour period. BITG’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, BITG’s volume is below average with $216.44 traded.

Summary

Bitcoin Green’s trading over the past 30 days leads to an average short-term technical score due to recent price movements that suggest more neutral signals for traders on the coin in the near future. Click here to get the full report on Bitcoin Green (BITG).