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DINGO TOKEN (DINGO) What Does the Chart Say Friday?

Friday, January 14, 2022 08:27 AM | InvestorsObserver Analysts
DINGO TOKEN (DINGO) What Does the Chart Say Friday?

InvestorsObserver gives DINGO TOKEN a weak short-term technical score of 24 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. DINGO has currently traded better than 24% of tokens 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.

Short-Term Technical - 24
InvestorsObserver is giving DINGO TOKEN a 24 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DINGO TOKEN!

Trading Analysis

DINGO TOKEN is $0.000000 (0.00%) higher than its 30-day low price of $0.000000001 while also $0.000000 (-86.86%) lower than its high of $0.00000000 from the past month of trading. Meanwhile, DINGO's current price of $0.000000001 is under its average price of $0.000000001 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of DINGO TOKEN suggest that traders are currently bearish on the token. DINGO has a relatively low market cap for a token with a total market value of $89,944.04. DINGO TOKEN'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. DINGO TOKEN's average volume meanwhile is low with $40,411.77 worth of the token traded over a typical 24 hour period. DINGO'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. As of the past 24 hours, DINGO's volume is below its average with $5,759.24 exchanged.

Summary

DINGO's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on DINGO TOKEN (DINGO).

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