Is disBalancer (DDOS) lower or higher on Tuesday?

News home page

Tuesday, November 22, 2022 7:20 p.m. | InvestorsObserver Analysts

Is disBalancer (DDOS) lower or higher on Tuesday?

disBalancer receives a weak short-term technical rating of 7 from InvestorsObserver Analysis. Our proprietary scoring system takes into account the token’s recent trading patterns by looking at price action to determine if it’s trending in the right direction. DDOS has better current technical analysis than 7% of the tokens at the current price. Investors focused on short-term growth and looking for hot and trending coins will find Short-Term Rank particularly relevant when allocating their wealth.

Short term technical - 7
InvestorsObserver gives disBalancer a short-term technical rank of 7. Find out what this means for you and get the rest of the rankings on disBalancer!

Trade Analysis

DDOS is currently $0.003000 (10.92%) above its 30-day low of $0.027473884 and -$0.044942 (-59.59%) below its 30-day high of $0.07541630. Furthermore, DDOS is below its average price of $0.040968264 with its current price of $0.030473803 for the last trading month. Overall, disBalancer’s recent trading history suggests that traders are currently bearish on the token. disBalancer’s market cap of $205,538.46 is relatively low for a token. disBalancer’s relatively low market value comes from being under $100 million, while the top 100 cryptos have a market cap of over $1 billion and the top 500 over $100 million. Meanwhile, the average volume of DDOS is low as the token trades at $184,889.95 over an average 24-hour period. The volume of DDOS is relatively small as the top 100 cryptos are typically exchanging $100 million per day and smaller cryptos are typically under $5 million trading over 24 hours. In the last 24 hours, the volume of DDOS was below the usual with an exchange of $27,683.48. Distributed Computing, subclass of disBalancer: While all blockchain technologies are a form of distributed computing, projects in this category typically provide access to a range of distributed computing resources.

summary

DDOS’ recent trading over the past month gives it a weak short-term technical rating as recent price action gives traders reason to be more bearish against the token in the short-term. Click here for the full disBalancer (DDOS) report.

You may also like

Source

Leave a Reply

Your email address will not be published. Required fields are marked *