What do the Long-Term Technicals Predict for Monero Classic (XMC) Tuesday?

InvestorsObserver gives Monero Classic a strong long-term technical score of 97 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.

XMC at this time has a superior long-term technical analysis score than 97% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Monero Classic a 97 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Monero Classic!

Trading Analysis

XMC is currently $0.0900000 (32.70%) above its 100-day moving average price of $0.280000000 with its current price of $0.370000000. Meanwhile, Monero Classic is $0.3500000 (-64049.60%) above its 52-week low price of $0.020000000 and -$0.17000000 (-1810.28%) below its 52-week high of $0.530000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 97. Trends for the long-term trading history of Monero Classic suggest that traders are currently neutral on the coin.

Monero Classic has a total market value of $7,000,149.70 with an low average daily volume of $81,267.74 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, XMC’s volume is below its average with $10,651.17 exchanged in total.

Summary

Technical analysis of Monero Classic over the past year results in the crypto receiving a a strong long-term technical score of 97 as its price movement in that time has given traders reason to be neutral on the coin in the long-term.

Click Here to get the full Report on Monero Classic (XMC).