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Is Bitcoin Incognito (XBI) Trending Lower or Higher Friday?


Bitcoin Incognito receives a weak long-term technical score of 25 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

XBI currently holds a superior long-term technical analysis score than 25% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

Long-Term Technical - 25
InvestorsObserver is giving Bitcoin Incognito a 25 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Incognito!

Trading Analysis

XBI is currently -$0.0004760 (-30.82%) below its 100-day moving average price of $0.001544341 with its current price of $0.001068328. Meanwhile, Bitcoin Incognito is $0.0008714 (-5586285.33%) above its 52-week low price of $0.000196892 and -$0.01662593 (-56509.46%) below its 52-week high of $0.017694263. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 25. Trends for the long-term trading history of Bitcoin Incognito suggest that traders are currently bearish on the coin.

Bitcoin Incognito has a total market value of $13,922.17 with an low average daily volume of $4.17 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, XBI’s volume is below its average with $0.56 exchanged in total.

Summary

Trading patterns over the last year for Bitcoin Incognito leads to the coin’s a weak long-term technical score of 25 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin.

Click Here to get the full Report on Bitcoin Incognito (XBI).

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