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DigixDAO (DGD): How Does the Chart Look Saturday?

Saturday, April 30, 2022 06:14 PM | InvestorsObserver Analysts
DigixDAO (DGD): How Does the Chart Look Saturday?

DigixDAO receives a weak long-term technical score of 28 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, DGD holds a superior long-term technical analysis score than 28% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

Long-Term Technical - 28
InvestorsObserver is giving DigixDAO a 28 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DigixDAO!

Trading Analysis

The current trading price of $336.190000000 for DGD is -$166.2700000 (-33.09%) below the tokens 100-day moving average of $502.460000000. DGD meanwhile is $2,042.5500000 (-19.06%) above its 52-week low of $-1,706.360000000 and -$1,018.21000000 (24.08%) 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 28. 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 $25,235,500.91 with an average average daily volume of $123.54 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 $18.80 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

Technical analysis of DigixDAO over the past year results in the crypto receiving a a weak long-term technical score of 28 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on DigixDAO (DGD).

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