CafeSwap Token receives a weak long-term technical score of 19 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
Currently, BREW holds a superior long-term technical analysis score than 19% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.
Trading Analysis
The current trading price of $0.002740800 for BREW is -$0.0010130 (-26.99%) below the tokens 100-day moving average of $0.003753763. BREW meanwhile is $0.0017454 (-1104774.17%) above its 52-week low of $0.000995431 and -$0.03627977 (-25620.49%) under its 52-week high price of $0.039020568. CafeSwap Token’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 19. The price movement and range of BREW suggest that investors are bearish on the token at this time.
CafeSwap Token has a market capitalization of $56,545.79 and a relatively low average daily volume with $79.21 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, BREW’s volume is below its seven day average with 12.54 exchanged.
This token’s subclass Decentralized Finance: DeFi, or decentrialized finance, Tokens are tokens that are created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs for brokers, exchanges, and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.
Summary
Technical analysis of CafeSwap Token over the past year results in the crypto receiving a a weak long-term technical score of 19 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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