Mirrored Netflix Receives a Low Long Term Technical Score of 5 from InvestorsObserverresearch based on historical trading patterns. The proprietary scoring system assesses the price movement of the last few months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine if it is a strong buy and hold investment opportunity. mNFLX currently holds a long-term technical analysis score above 5% 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. tokens with a high technical score in the long and short term can help point to assets that have bottomed out, giving investors a chance to “buy the dip”.
The current trading price of $10.140000000 for mNFLX is -$294.8000000 (-96.68%) below the token’s 100-day moving average of $304.940000000. mNFLX, meanwhile, is $5.1300000 (-17.19%) above its 52-week low of $5.010000000 and -$705.56000000 (0.02%) below its price. the 52-week high of $715.700000000. Netflix’s current price reflected against the token’s long-term average and 52-week highs and lows, gives the crypto a long-term average technical score of 5. The price movement and range of mNFLX suggests that investors are bearish on the token at this time. Mirrored Netflix has a total market value of $42,108.53 with a low average daily volume of $16,478.25 of the currency traded over a typical 24-hour period. In the past 24 hours, mNFLX volume is below its average with $2,174.54 traded in total. The Wrapped Tokens subclass of this token: A wrapped token is a string representation of another asset. It could be a cryptocurrency represented on a different blockchain, or another type of asset, such as a stock or a commodity. This allows crypto traders to access non-crypto assets and trade on a change to gain exposure to assets from a different chain.
Technical analysis from Mirrored Netflix over the past year has seen the crypto receive a long-term technical low score of 5 as its price movement at this time has given traders reason to be bearish on the long term token. Click here for the full Netflix Mirroring (mNFLX) report.
Stay in the know
Subscribe to our daily morning update newsletter and never miss market news, moves and more.