BIDR (BIDR): Does it Score Well on Short-Term Trading Metrics Wednesday?

InvestorsObserver gives BIDR an average short-term technical score of 39 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. BIDR has currently traded better than 39% 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 BIDR a 39 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BIDR!

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Trading Analysis

BIDR is $0.000000 (0.44%) higher than its 30-day low price of $0.000069187 while also -$0.000001 (-0.83%) lower than its high of $0.00007008 from the past month of trading. Meanwhile, BIDR's current price of $0.000069494 is under its average price of $0.000069618 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of BIDR suggest that traders are currently neutral on the token. BIDR has a relatively average market cap for a token with a total market value of $15,685,819.34. The market valuation for BIDR is relatively average due to the largest 100 cryptos having a market cap above $1 billion and BIDR sits underneath that mark but remains above $100 million in market capilization. BIDR's average volume meanwhile is average with $229,115,532.54 worth of the token traded over a typical 24 hour period. The volume for BIDR is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, BIDR's volume is below its average with $30,125,223.70 exchanged.

Summary

BIDR's trading over the past 30 days leads to its an average short-term technical score due to recent price movement suggesting more neutral signals for traders on the token in the near future. Click Here to get the full Report on BIDR (BIDR).