DMScript (DMST): How Does the Chart Look Saturday?

Saturday, April 30, 2022 01:22 PM | InvestorsObserver Analysts

InvestorsObserver gives DMScript a weak short-term technical score of 14 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. DMST has currently traded better than 14% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving DMScript a 14 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DMScript!
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Trading Analysis

DMST is currently $0.000103 (34.95%) above its 30-day low of $0.000294986 and -$10.745056 (-100.00%) below its 30-day high of $10.74545383. Additionally, DMST is under its average price of $0.000439434 over the past month of trading with its current price of $0.000398095. Overall, the recent trading history of DMScript suggest that traders are currently bearish on the token.
DMST has a low market cap compared to the majority of tokens with a total market value of $39,809.50. DMScript's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. DMScript's average volume is low as $782.34 worth of the token is typically traded over a 24 hour period. DMST's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours DMST's volume is below its average with $119.96 exchanged. DMScript's subclass Gaming: Gaming crytpocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain which allows users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded with other uses. This subclass also includes tokens used in gambling and other forms of entertainment.

Summary

DMST's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on DMScript (DMST).

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