Waterfall DeFi (WTF) What Does the Chart Say Friday? – InvestorsObserver

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Friday, March 31, 2023 04:27 PM | InvestorsObserver Analysts

Waterfall DeFi receives a weak short-term technical ranking of 28 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. WTF has a superior recent technical analysis than 28% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

Trading Analysis

Waterfall DeFi is $0.000100 (20.02%) above its 30-day low of $0.000499715 while -$0.000600 (-50.03%) below its 30-day high of $0.00120022. In addition, WTF’s current price of $0.000599774 is under its 30-day moving average price of $0.000883031, leading to a weak short-term technical score. Overall the recent trading history of Waterfall DeFi suggest that investors are bearish on the token at the moment. Waterfall DeFi’s market cap of $2,361.53 is relatively low for a token. Waterfall DeFi’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, WTF’s average volume is low with $3,858.25 worth of the token traded over an average 24 hour period. WTF’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, WTF’s volume is below its usual with $528.87 exchanged.

Summary

WTF’s recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Waterfall DeFi (WTF).

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