MakiSwap receives an average long-term technical score of 50 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
MAKI currently holds a superior long-term technical analysis score than 50% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
The current trading price of $0.003179403 for MAKI is $0.0007630 (31.57%) above the tokens 100-day moving average of $0.002416422. MAKI meanwhile is $0.0020706 (-991779.92%) above its 52-week low of $0.001108796 and -$0.02382688 (-37016.65%) under its 52-week high price of $0.027006283. MakiSwap’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 50. The price movement and range of MAKI suggest that investors are bearish on the token at this time.
MakiSwap has a total market value of $219,288.86 with an low average daily volume of $6,803,384.28 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, MAKI’s volume is below its average with $884,780.17 exchanged in total.
Summary
Technical analysis of MakiSwap over the past year results in the crypto receiving a an average long-term technical score of 50 as its price movement in that time has given traders reason to be bearish on the token in the long-term.
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