SINOVATE receives a strong long-term technical score of 72 Investors watchResearch based on historical marketing patterns. A proprietary scoring system weighs price movement from recent months to a year, analyzes a coin’s support and resistance levels, and compares it to long-term averages to determine strong buy-and-hold opportunities. SIN has long-term technical analysis results superior to over 72% of cryptos currently in circulation. This rating scale is very useful for buy and hold investors looking for strong consistent growth in their asset allocation. Coins with high long-term and short-term technical points help point to downtrending assets, giving investors an opportunity to ‘buy the dip’.
Marketing analysis
The current SIN price of $0.000921665 is $0.0002962 (47.35%) above the coin’s 100-day moving average of $0.000625511. SIN meanwhile is $0.0007292 (-5715738.43%) higher than its 52-week low of $0.000192435 and -$0.00212603 (-328086.74%) higher than its 52-week high of $0.004.476. SINOVATE’s current price to the coin’s long-term average and 52-week high and low gives the crypto a strong long-term technical point of 72. SIN’s price movement and range suggest investors are neutral on the coin at this time. . SINOVATE has a total market capitalization of $611,724.74 and the smallest average daily volume of currency traded in a typical 24 hour period is $63,804.50. Over the past 24 hours, SIN volume is below average, with a total exchange rate of $8,818.94.
Summary
For SINOVATE, trading patterns over the past year lead to the coin’s strong long-term technical score of 72 as consistency, volatility and correlation with long-term averages have led investors to remain neutral on the coin. Click here for the full report on SINOVATE (SIN).
Stay in the know
Subscribe to our Daily Morning Update newsletter and never miss the need to know market news, activities and more.