Is Origo (OGO) lower or higher on Thursday?

News home page

Thursday, November 24, 2022 7:58 PM | InvestorsObserver Analysts

Origo receives a weak short-term technical grade of 1 InvestorsObserver Analysis. Our proprietary scoring system takes into account the token’s recent trading patterns by looking at price action to determine if it’s trending in the right direction. OGO has better current technical analysis than 1% of the tokens at the current price. Investors focused on short-term growth and looking for hot and trending coins will find Short-Term Rank particularly relevant when allocating their wealth.

Short term technical - 1
InvestorsObserver gives Origo a short-term technical rank of 1. Find out what that means for you and get the rest of the leaderboard on Origo!

Trade Analysis

Origo is up $0.000010 (13.20%) from its 30-day low of $0.000075930, while -$0.000396 (-82.17%) is down from its 30-day high of $0.00048197. Furthermore, OGO’s current price of $0.000085954 is below its 30-day moving average price of $0.000235523, resulting in a weak short-term technical score. Overall, Origo’s recent trading history suggests that investors are bearish on the token at the moment. OGO has a low market cap compared to most tokens with a total market value of $37,864.17. Origo’s relatively low market value comes from being below $100 million, while the top 100 cryptos have a market cap of over $1 billion and the top 500 have over $100 million. Origo’s average volume is low as the token, valued at $13,637.49, typically trades over a 24-hour period. OGO’s volume is relatively low, with the top 100 cryptos typically exchanging $100 million per day and smaller cryptos typically below $5 million trading over 24 hours. Over the past 24 hours, OGO’s volume has been below its average at $2,027.80. Origo’s Smart Contracts subclass: A computer program designed to run automatically when predetermined conditions are met. Typically used to perform transactions quickly and automatically, putting terms directly into lines of code.

summary

Origo’s price action over the past month has resulted in a weak short-term technical, as recent trading has provided more bearish signals for traders regarding the token’s short-term movement. For the full Origo (OGO) report, click here.

You may also like

Leave a Comment