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Is Linked Finance World (LFW) Heading the Right Direction Saturday?

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Saturday, December 30, 2023 06:56 PM | InvestorsObserver Analysts

Linked Finance World receives an average short-term technical ranking of 33 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. LFW has a superior recent technical analysis than 33% 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.

Short-Term Technical - 33
InvestorsObserver is giving Linked Finance World a 33 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Linked Finance World!

Trading Analysis

Linked Finance World is $0.005386 (66.21%) higher than its 30-day low price of $0.008133903 while also -$0.009448 (-41.14%) lower than its high of $0.02296743 from the past month of trading. Meanwhile, LFW’s current price of $0.013519432 is above its average price of $0.010787247 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Linked Finance World suggest that traders are currently neutral on the token.

Linked Finance World’s market cap of $432,800.38 is relatively low for a token. Linked Finance World’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, LFW’s average volume is low with $687,469.78 worth of the token traded over an average 24 hour period. LFW’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, LFW’s volume is below its usual with $98,388.13 exchanged.

Linked Finance World’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Linked Finance World’s trading over the past 30 days leads to its an average short-term technical score due to recent price movement suggesting more neutral signals for traders on the token in the near future.

Click Here to get the full Report on Linked Finance World (LFW).

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