DigixDAO (DGD) has a Neutral Sentiment Score, is Rising, and Underperforming the Crypto Market Monday: What's Next?

Monday, June 06, 2022 07:15 AM | InvestorsObserver Analysts

DigixDAO (DGD) gets a neutral rating from InvestorsObserver Monday. The Stablecoins asset is up 140.81% to $230 while the broader crypto market is up 6.2%.

DigixDAO has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on DigixDAO!

Neutral

Over the last five days, DigixDAO has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of DigixDAO over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

DigixDAO is currently trading near its midpoint for the past five-days. The Stablecoins asset is 34.38% off its five-day high and is 170.20% higher than its five-day low of $85.12.

DigixDAO price is trading near resistance. With support set around $23.77 and resistance at $237.91, could face selling pressures soon.

DigixDAO has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on DigixDAO

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