Kusama receives a mean long-term technical rating of 46 from InvestorsObserver‘s analysis based mostly on historic buying and selling patterns. The proprietary scoring system weighs value motion from latest months to a 12 months, analyzes the coin’s assist and resistance ranges, and the place it’s relative to long-term averages to find out whether or not it is a robust buy-and-hold funding alternative.
KSM at the moment holds a superior long-term technical evaluation rating than 46% of cryptos in circulation. This rating metric is most helpful to buy-and-hold kind traders in search of robust regular development when allocating their belongings. cash with a excessive lengthy and short-term technical rating can assist point out belongings which have bottomed out, offering traders an opportunity to ‘purchase the dip’.
Buying and selling Evaluation
The present buying and selling value of $54.760000000 for KSM is -$61.1400000 (-52.75%) beneath the cash 100-day transferring common of $115.910000000. KSM in the meantime is $11.6200000 (101.43%) above its 52-week low of $43.140000000 and -$464.15000000 (8.63%) underneath its 52-week excessive value of $518.910000000. Kusama’s present value relative to the cash long-term common and 52-week excessive and low, provides the crypto a mean long-term technical rating of 46. The worth motion and vary of KSM recommend that traders are bearish on the coin right now.
Kusama at the moment has a complete market cap of $463,835,205.28 to associate with its common each day quantity of $210,285,221.66 value of the foreign money over the previous seven days. KSM’s quantity is beneath its seven day common as of the previous 24 hours, with 32,733,846.30 exchanged in that interval.
Abstract
Technical evaluation of Kusama over the previous 12 months leads to the crypto receiving a a mean long-term technical rating of 46 as its value motion in that point has given merchants cause to be bearish on the coin within the long-term.
Click on Right here to get the total Report on Kusama (KSM).
Keep In The Know
Subscribe to our each day morning replace publication and by no means miss out on the need-to-know market information, actions, and extra.
