Should you buy Simple Software Solutions (SSS) on Saturday?

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Saturday, January 01, 2022 06:41 | Investors Observers Analysts

Simple Software Solutions achieves a strong short-term technical score of 85 of Investors Observer To analyse. Our proprietary rating system takes into account the coin’s recent trading patterns by examining price movement to determine if it is moving in the right direction. SSS has better recent technical analysis than 85% of the coins at its current price. Investors who focus on short-term growth and are looking for hot, trendy coins will find the short-term ranking particularly relevant when allocating their assets.

Short Term Technique - 85
Investors Observer gives Simple Software Solutions a Short Term Tech Rank of 85. Find out what that means to you and get the rest of the rankings on Simple Software Solutions!

Negotiation Analysis

Simple Software Solutions is $ 0.005091 (210.34%) above its 30-day low of $ 0.002420478, while $ -0.011972 (-61.45%) below its higher 30 day high of $ 0.01948376. Additionally, SSS’s current price of $ 0.007511599 is lower than its 30-day mobile average price of $ 0.007566709, leading to a good short-term technical score. Overall, Simple Software Solutions’ recent trading history suggests that investors are bullish on the coin at this time. SSS has a low market cap compared to the majority of coins with a total market value of $ 23,711.53. Simple Software Solutions’ relatively low market value stems from being below $ 100 million, while the top 100 cryptos remain above $ 1 billion in market cap and the top 500 are above $ 100 million. Simple Software Solutions’ average volume is low, as the coin’s value of $ 11.16 is typically traded over a 24 hour period. The volume of SSS is relatively low, as the top 100 cryptos typically have $ 100 million traded each day and the smallest cryptos tend to fall below the $ 5 million traded over 24 hours. Over the past 24 hours, SSS volume is below its average with $ 1.51 traded. Distributed software platform of the subclass of Simple Software Solutions: A platform is a decentralized infrastructure designed for a specific purpose. These can take the form of exchanges for cryptocurrency trading, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing, and big data collection, among others.

Summary

Simple Software Solutions’ trading over the past 30 days has given it a strong short-term technical score due to the recent price movement suggesting more bullish signals for traders on the coin in the near future. Click here for the full Simple Software Solutions (SSS) report.

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