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How does it rank Saturday on long-term trading metrics?

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Saturday August 20, 2022 6:29 PM | InvestorsObservers Analysts

InvestorsObserver gives YF Link a solid long-term technical score of 67 from its research. The proprietary rating system takes into account historical trading patterns over the past few months to one year of the token’s support and resistance levels, in addition to its position against long-term averages. The analysis helps determine if this is currently a solid investment opportunity for traders. YFL currently has a long-term technical analysis score above 67% of the cryptos in circulation. The long-term ranking will be most relevant for buy-and-hold type investors who seek strong and steady growth when allocating their assets. The combination of a high technical score in the long and short term will also help portfolio managers uncover tokens that have bottomed out.

Long Term Technique - 67
InvestorsObserver gives YF Link a long-term technical rating of 67. Find out what this means for you and get the rest of the ranking on YF Link!

Business analysis

The current trading price of $11.850000000 for YFL is -$12.2200000 (-50.78%) below the token 100-day moving average of $24.060000000. YFL, meanwhile, is $10.7800000 (79.71%) above its 52-week low of $1.060000000 and -$857.15000000 (0.21%) below its highest price. 52-week high of $869.000000000. YF Link’s current price against the token’s long-term average and 52-week highs and lows, gives the crypto a strong long-term technical rating of 67. YFL’s price movement and range suggests that investors are neutral on the token at this time. YF Link has a market cap of $645,937.51 and a relatively low average daily volume with $782.32 worth of currency traded in a typical 24-hour period. Over the past 24 hours, YFL volume is below its seven-day average with 108.03 traded. Decentralized Finance subclass of this token: DeFi, or decentralized finance, tokens are tokens created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs of brokers, exchanges and/or banks by offering traditional financial products or services without the need for central authority through the use of smart contracts.

Summary

Trading patterns over the past year for YF Link gave the token a strong long-term technical score of 67, as its consistency, volatility, and relationship to long-term averages gave investors reason to be neutral on the token. Click here for the full YF Link (YFL) report.

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