EDC Blockchain (EDC) What Does the Chart Say Monday? – InvestorsObserver

EDC Blockchain receives a strong short-term technical ranking of 97 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. EDC has a superior recent technical analysis than 97% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

Short-Term Technical - 97
InvestorsObserver is giving EDC Blockchain a 97 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on EDC Blockchain!

Trading Analysis

EDC Blockchain is $0.003728 (177.90%) above its 30-day low of $0.002095575 while -$0.003886 (-40.03%) below its 30-day high of $0.00970994. In addition, EDC’s current price of $0.005823516 is above its 30-day moving average price of $0.004822674, leading to a strong short-term technical score. Overall the recent trading history of EDC Blockchain suggest that investors are bullish on the coin at the moment.

EDC Blockchain’s market cap of $268,031.45 is relatively low for a coin. EDC Blockchain’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, EDC’s average volume is low with $167.86 worth of the coin traded over an average 24 hour period. EDC’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, EDC’s volume is below its usual with $22.85 exchanged.

Summary

EDC Blockchain’s price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin’s short-term movement. Click Here to get the full Report on EDC Blockchain (EDC).
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
Stock Price data may be delayed up to 15 minutes.
Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy

source