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Baby Doge Coin (BABYDOGE): How Does the Chart Look Monday?

Monday, December 13, 2021 01:23 PM | InvestorsObserver Analysts
Baby Doge Coin (BABYDOGE): How Does the Chart Look Monday?

Baby Doge Coin receives a weak short-term technical ranking of 27 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. BabyDoge has a superior recent technical analysis than 27% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

Short-Term Technical - 27
InvestorsObserver is giving Baby Doge Coin a 27 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Baby Doge Coin!

Trading Analysis

BabyDoge is currently $0.000000 (2.41%) above its 30-day low of $0.000000001 and $0.000000 (-57.44%) below its 30-day high of $0.00000000. Additionally, BabyDoge is under its average price of $0.000000002 over the past month of trading with its current price of $0.000000001. Overall, the recent trading history of Baby Doge Coin suggest that traders are currently bearish on the token. Baby Doge Coin's market cap of $0.00 is relatively low for a token. Baby Doge Coin'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. Meanwhile, BabyDoge's average volume is low with $34,850,617.15 worth of the token traded over an average 24 hour period. BabyDoge'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 last 24 hours, BabyDoge's volume is below its usual with $4,323,078.16 exchanged.

Summary

BabyDoge'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 Baby Doge Coin (BabyDoge).

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