BidiPass (BDP): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, February 11, 2022 07:41 PM | InvestorsObserver Analysts

BidiPass receives an average long-term technical score of 65 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. BDP currently holds a superior long-term technical analysis score than 65% 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'.

InvestorsObserver is giving BidiPass a 65 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BidiPass!

Trading Analysis

BidiPass's price is -$0.0001416 (-41.44%) below its 100-day moving average price of $0.000341806 as its price at the moment sits at $0.000200167. Additionally, BDP is $0.0001000 (-10984206.00%) higher than its 52-week low price of $0.000100142 while -$0.00607307 (-159404.07%) under its 52-week high of $0.006273240. The current trading price in relation to its long-term average along with its 52-week high and low, gives BDP an average long-term technical score of 65. Long-term trading movement of BidiPass suggest that investors are neutral on the token at the moment. BidiPass has a total market value of $77,390.99 with an low average daily volume of $171.83 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BDP's volume is below its average with $26.24 exchanged in total.

Summary

Trading patterns over the last year for BidiPass leads to the token's an average long-term technical score of 65 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on BidiPass (BDP).

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