NFT Art Finance (NFTART) What does the chart say Sunday?

NFT Art Finance (NFTART) What does the chart say Sunday?

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Sunday, September 4, 2022 19:43 | InvestorsObserver analysts

NFT Art Finance (NFTART) What does the chart say Sunday?

NFT Art Finance gets a weak short-term technical rating of 30 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. NFTART has a superior fresh technical analysis than 30% of tokens 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.

Short-term technical - 30
InvestorsObserver gives NFT Art Finance a 30 short-term technical rating. Find out what this means for you and get the rest of the ratings on NFT Art Finance!

Trade analysis

NFT Art Finance is $0.000000 (1.66%) higher than its 30-day low of $0.00000000 while also $0.000000 (-46.62%) lower than its last high of $0.00000000 trading month. Meanwhile, NFTART’s current price of $0.000000000 is below the average price of $0.000000000 set over the last trading month, leading to a weak short-term technical score. In summary, the recent trading history of NFT Art Finance suggests that traders are currently bearish on the token. NFTART has a relatively low market cap for a token with a total market cap of $2,846,251.41. NFT Art Finance’s relatively low market cap comes as it sits below $100 million, while the top 100 cryptos remain over $1 billion in market cap and the top 500 are over $100 million. NFT Art Finance’s average volume, meanwhile, is low with $2,578,561.18 worth of the token traded over a typical 24-hour period. NFTART’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, NFTART’s volume is below average with $393,904.31 exchanged. NFT Art Finance’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that uses blockchain technology to authenticate and verify ownership. They often take the form of images, videos, audio, and other representations of real-world objects. This category also includes other tokens used to buy, sell or collect art or certain other digital goods.

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Summary

NFT Art Finance’s price movement over the past month has led to a weak short-term technical score due to recent trading providing more bearish signals for traders about the token’s short-term movement. Click here for the full report on NFT Art Finance (NFTART).

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