Digitalcoin (DGC): Does it Score Poorly on Short-Term Trading Metrics Sunday?

Sunday, January 09, 2022 07:15 PM | InvestorsObserver Analysts

Digitalcoin receives a strong short-term technical ranking of 71 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. DGC has a superior recent technical analysis than 71% 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 Digitalcoin a 71 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Digitalcoin!

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Trading Analysis

Digitalcoin is $0.000859 (18.72%) higher than its 30-day low price of $0.004589485 while also -$0.002479 (-31.27%) lower than its high of $0.00792717 from the past month of trading. Meanwhile, DGC's current price of $0.005448508 is under its average price of $0.006096399 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Digitalcoin suggest that traders are currently bullish on the coin. Currently, volume and market capitalization data for DGC 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 Digitalcoin extra intriguing.

Summary

DGC's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the coin in the short-term. Click Here to get the full Report on Digitalcoin (DGC).