×
News Home

Decentralized Asset Trading Platform (DATP) What Does the Chart Say Tuesday?

Tuesday, December 28, 2021 03:59 PM | InvestorsObserver Analysts
Decentralized Asset Trading Platform (DATP) What Does the Chart Say Tuesday?

Decentralized Asset Trading Platform receives a weak short-term technical score of 25 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. DATP holds a better recent technical analysis than 25% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 25
InvestorsObserver is giving Decentralized Asset Trading Platform a 25 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Decentralized Asset Trading Platform!

Trading Analysis

Decentralized Asset Trading Platform is $0.000001 (39.17%) above its 30-day low of $0.000001479 while -$0.000005 (-68.91%) below its 30-day high of $0.00000662. In addition, DATP's current price of $0.000002059 is under its 30-day moving average price of $0.000003462, leading to a weak short-term technical score. Overall the recent trading history of Decentralized Asset Trading Platform suggest that investors are bearish on the token at the moment. DATP has a relatively low market cap for a token with a total market value of $24,334.14. Decentralized Asset Trading Platform'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. Decentralized Asset Trading Platform's average volume meanwhile is low with $59.54 worth of the token traded over a typical 24 hour period. DATP'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. As of the past 24 hours, DATP's volume is below its average with $49.20 exchanged.

Summary

Decentralized Asset Trading Platform's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on Decentralized Asset Trading Platform (DATP).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App