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Shard (SHARD) trending down or up on Saturday?

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Saturday 06 August 2022 06:43 | InvestorsObserver Analysts

Shard receives a strong short-term technical score of 93 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. SHARD has better current technical analysis than 93% of tokens at 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 - 93
InvestorsObserver gives Shard a short-term technical rank of 93. Find out what that means for you and get the rest of the leaderboard on Shard!

Trade Analysis

Shard is up $0.021351 (98.61%) from its 30-day low of $0.021651128, while also down $0.000000 (0.00%) from its high of $0.04300186 from the last trading month. Meanwhile, SHARD’s current price of $0.043001858 is above its average price of $0.034958104 set over the last trading month, resulting in a strong short-term technical result. In summary, Shard’s recent trading history suggests that traders are currently bullish on the token. No volume and market cap data is currently available for SHARD. The lack of available data is usually a sign that either a new coin or token is being launched, or one with extremely low volume and value that is not being picked up by leading data providers. No recorded volume or market cap usually correlates with highly volatile coins, which may not be the best investment choice for the majority of investors. However, those looking for newer cryptos might find tokens like Shard particularly intriguing. Shards Subclass Decentralized Finance: DeFi, or decentralized finance, tokens are tokens created as an alternative to traditional financial institutions. These tokens are intended to alleviate the needs of brokers, exchanges and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.

summary

Shard’s trading over the past 30 days produces a strong short-term technical result, as recent price action suggests more bullish signals for traders on the token in the near-term. For the full Shard (SHARD) report, click here.

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