Deutsche eMark (DEM): How Does the Chart Look Friday?

Friday, August 12, 2022 07:02 PM | InvestorsObserver Analysts

Deutsche eMark receives a strong short-term technical ranking of 78 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. DEM has a superior recent technical analysis than 78% of coins 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 Deutsche eMark a 78 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Deutsche eMark!

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Trading Analysis

DEM is currently $0.000952 (250.51%) above its 30-day low of $0.000379999 and -$0.001243 (-48.27%) below its 30-day high of $0.00257461. Additionally, DEM is above its average price of $0.000802123 over the past month of trading with its current price of $0.001331921. Overall, the recent trading history of Deutsche eMark suggest that traders are currently bullish on the coin. Currently, volume and market capitalization data for DEM are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Deutsche eMark extra intriguing.

Summary

Deutsche eMark's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on Deutsche eMark (DEM).