DigixDAO (DGD): Does it Score Poorly on Long-Term Trading Metrics Monday?

DigixDAO receives a weak long-term technical score of 21 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. DGD currently holds a superior long-term technical analysis score than 21% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving DigixDAO a 21 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DigixDAO!

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Trading Analysis

The current trading price of $152.490000000 for DGD is -$338.0400000 (-68.91%) below the tokens 100-day moving average of $490.530000000. DGD meanwhile is $1,858.8500000 (-8.29%) above its 52-week low of $-1,706.360000000 and -$1,201.91000000 (10.52%) under its 52-week high price of $1,354.400000000. DigixDAO's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 21. The price movement and range of DGD suggest that investors are bearish on the token at this time. DigixDAO has a total market value of $11,390,873.44 with an average average daily volume of $2,489.70 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, DGD's volume is below its average with $24.00 exchanged in total. This token's subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).

Summary

Trading patterns over the last year for DigixDAO leads to the token's a weak long-term technical score of 21 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on DigixDAO (DGD).