Showcase receives a solid 73 long-term technical rating from InvestorsObserverresearch based on historical trading patterns. The proprietary scoring system assesses price movement over the past few months to a year, analyzes the coin’s support and resistance levels, and where it sits relative to long-term averages to determine if it is a a strong buy-and-hold investment opportunity. SHO currently holds a long-term technical analysis score above 73% of the cryptos in circulation. This ranking metric is particularly useful for buy-and-hold type investors looking for consistent strong growth when allocating their assets. coins with a high technical score in the long and short term can help indicate assets that have bottomed out, giving investors a chance to “buy the dip”.
The current trading price of $0.000539587 for SHO is -$0.0012926 (-70.55%) below the coins 100-day moving average of $0.001832214. SHO, meanwhile, is $0.0002798 (-4233611.24%) above its 52-week low of $0.000259813 and -$0.06062460 (-16348.56%) below its 52-week high price of $0.061164182. Showcase’s current price against the coin’s long-term average and 52-week highs and lows gives the crypto a strong long-term technical score of 73. The price movement and range of SHO suggests that investors are neutral on the coin right now. . Showcase has a market capitalization of $13,651.30 and a relatively low average daily volume with $1,868.58 of currency traded in a typical 24-hour period. Over the past 24 hours, SHO’s volume is below its seven-day average with 289.48 traded.
Trading patterns over the past year for Showcase gave the coin a strong long-term technical score of 73, as its consistency, volatility, and relationship to long-term averages gave investors reason to be neutral on the play. Click here for the full Showcase (SHO) report.
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