Xen Crypto next big thing or not

in crypto •  2 years ago 

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Analysis -
The price of XEN Crypto is -$0.000002 (-24.82%) lower than its 30-day high of $0.00000994 and $0.000007 (890.60%) higher than its 30-day low of $0.000000755. XEN's price today, $0.000007474, is higher than its average price for the previous month of trade, $0.000002979, giving it a strong short-term technical rating. In conclusion, the recent trading activity of XEN Crypto points to present strong sentiment among investors.

The $0.00 market cap of XEN Crypto is rather small for a coin. The reason behind XEN Crypto's comparatively low market value is that the top 100 cryptocurrencies still have a market cap above $1 billion, while the top 500 have a market cap above $100 million. With only $199,463,147.09 worth of XEN traded on average over a 24-hour period, the average volume is low. XEN's volume is modest compared to other cryptocurrencies, as smaller coins often only see $5 million in 24 hours of trading while the top 100 coins see an average daily volume of $100 million. With $27,150,422.80 in transactions over the past 24 hours, XEN's volume is lower than typical.

XEN's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term. Click Here to get the full Report on XEN Crypto (XEN).

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