Digitalcoin (DGC) What Does the Chart Say Monday?

Monday, September 05, 2022 10:30 AM | InvestorsObserver Analysts

InvestorsObserver gives Digitalcoin a strong short-term technical score of 88 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. DGC has currently traded better than 88% of coins 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 Digitalcoin a 88 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

DGC is currently $0.000807 (45.76%) above its 30-day low of $0.001764071 and -$0.001415 (-35.50%) below its 30-day high of $0.00398670. Additionally, DGC is above its average price of $0.002347723 over the past month of trading with its current price of $0.002571232. Overall, the recent trading history of Digitalcoin suggest that traders are currently bullish on the coin. Digitalcoin's market cap of $101,503.20 is relatively low for a coin. Digitalcoin'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. Meanwhile, DGC's average volume is low with $16.98 worth of the coin traded over an average 24 hour period. DGC'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 last 24 hours, DGC's volume is below its usual with $2.22 exchanged.

Summary

Digitalcoin'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 coin's short-term movement. Click Here to get the full Report on Digitalcoin (DGC).