How does Thursday rank on long-term trading metrics?
Bitcoin SV receives a strong long-term technical score of 87 from InvestorsObserver analysis. Our proprietary scoring system evaluates trading patterns over the past few months to a year by analyzing the coin’s consistency, volatility and where it is relative to long-term averages to determine if it is a strong buy-and-hold investment opportunity. Currently, BSV has a superior long-term technical analysis score than 87% of cryptocurrencies. Long-term investors using a buy-and-hold strategy will find the long-term ranking particularly relevant when allocating their assets, and can find additional value by finding cryptos with high short-term technical scores to spot coins that have bottomed.
Trade analysis
BSV is currently $1.6500000 (3.56%) above its 100 day moving average price of $46.230000000 with current price of $47.880000000. Meanwhile, Bitcoin SV is $12.7500000 (104.97%) above its 52-week low of $35.130000000 and -$84.92000000 (28.52%) below its 52-week high of $132.800000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 87. Trends for the long-term trading history of Bitcoin SV suggest that traders are currently neutral on the coin. Bitcoin SV has a market cap of $921,791,890.28 and a relative average daily volume of $798,902,174.98 worth of the currency traded over a typical 24-hour period. Over the past 24 hours, BSV’s volume is below its seven-day average with 79,390,483.62 exchanged. This coin’s sub-class Digital Money: Digital Money is an asset, commodity or currency intended to maintain value and liquidity over time so that it can be used in the same way as fiat currencies.
Summary
Technical analysis of Bitcoin SV over the past year results in the crypto gaining a strong long-term technical score of 87 as the price movement during that time has given traders reason to be neutral on the coin in the long term. Click here to get the full report on Bitcoin SV (BSV).
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