InvestorsObserver gives Empty Set Dollar a poor long-term technical score of 9 from its research. The proprietary rating system takes into account the historical trading patterns of the last few months to a year of the token’s support and resistance levels, in addition to where it stands in relation to long-term averages. The analysis helps determine if this is a strong buy-and-hold investment opportunity for traders right now. ESD currently has a superior long-term technical analysis value than 9% of cryptos in circulation. Long-Term Rank is most relevant for buy-and-hold investors looking for strong, steady growth in allocating their wealth. The combination of a high long-term and short-term technical score will also help portfolio managers spot tokens that have bottomed out.
The Empty Set Dollar price is -$0.0015742 (-68.01%) below its 100-day moving average price of $0.002314799 as its price currently stands at $0.000740587. Additionally, ESD is up $0.0000007 (-1486604.75%) from its 52-week low of $0.000739891, while -$0.03934299 (-24946.03%) is below its 52-week high of $0.040083576. The current trading price relative to its long-term average along with its 52-week high and low gives ESD an average long-term technical score of 9. The Empty Set Dollar’s long-term trading movement is suggesting investors are bearish tokens at the moment. Empty Set Dollar has a total market value of $330,310.58 with a low average daily volume of $188.94 of currency exchanged over a typical 24-hour period. Over the past 24 hours, ESD’s volume has been below its average, totaling $19.26. This token’s subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to replicate the performance of fiat money (such as US dollars or euros).
Technical analysis of the Empty Set Dollar over the past year revealed that the crypto earned a weak long-term technical score of 9 as its price action during this period has given traders reason to keep the token bearish over the long-term. For the full Empty Set Dollar (ESD) report, click here.