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PAX Gold receives an average long-term technical score of 61 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
PAXG currently holds a superior long-term technical analysis score than 61% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
The current trading price of $1,900.660000000 for PAXG is $115.3500000 (6.46%) above the tokens 100-day moving average of $1,785.310000000. PAXG meanwhile is $291.4300000 (117.43%) above its 52-week low of $1,609.230000000 and -$171.27000000 (91.25%) under its 52-week high price of $2,071.930000000. PAX Gold’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 61. The price movement and range of PAXG suggest that investors are neutral on the token at this time.
PAX Gold has a total market value of $515,578,862.18 with an average average daily volume of $82,957,178.43 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, PAXG’s volume is below its average with $11,048,928.38 exchanged in total.
Summary
Trading patterns over the last year for PAX Gold leads to the token’s an average long-term technical score of 61 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.
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