Debitum (DEB): How Does the Chart Look Tuesday?

Tuesday, December 14, 2021 01:33 PM | InvestorsObserver Analysts

Debitum receives a strong short-term technical ranking of 94 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. DEB has a superior recent technical analysis than 94% 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.

InvestorsObserver is giving Debitum a 94 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Debitum!

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Trading Analysis

Debitum is $0.002538 (149.58%) above its 30-day low of $0.001696751 while -$0.002594 (-37.98%) below its 30-day high of $0.00682830. In addition, DEB's current price of $0.004234757 is above its 30-day moving average price of $0.003620549, leading to a strong short-term technical score. Overall the recent trading history of Debitum suggest that investors are bullish on the token at the moment. DEB has a low market cap compared to the majority of tokens with a total market value of $845,451.19. Debitum'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. Debitum's average volume is low as $3.06 worth of the token is typically traded over a 24 hour period. DEB'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 DEB's volume is below its average with $0.47 exchanged.

Summary

Debitum's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on Debitum (DEB).