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Dogelon Mars (ELON): Does it Score Poorly on Short-Term Trading Metrics Monday?

Monday, December 06, 2021 06:32 AM | InvestorsObserver Analysts
Dogelon Mars (ELON): Does it Score Poorly on Short-Term Trading Metrics Monday?

Dogelon Mars receives an average short-term technical ranking of 43 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. ELON has a superior recent technical analysis than 43% of tokens 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.

Short-Term Technical - 43
InvestorsObserver is giving Dogelon Mars a 43 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Dogelon Mars!

Trading Analysis

Dogelon Mars is $0.00 (0.67%) higher than its 30-day low price of $0.00 while also $0.00 (-70.61%) lower than its high of $0.00 from the past month of trading. Meanwhile, ELON's current price of $0.00 is under than its average price of $0.00 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Dogelon Mars suggest that traders are currently neutral on the token. Dogelon Mars's market cap of $534,048,154.26 is relatively average for a token. The market valuation for Dogelon Mars is relatively average due to the largest 100 cryptos having a market cap above $1 billion and ELON sits underneath that mark but remains above $100 million in market capilization. Meanwhile, ELON's average volume is average with $311,493,162.07 worth of the token traded over an average 24 hour period. The volume for ELON is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, ELON's volume is below its usual with $43,406,145.04 exchanged. Dogelon Mars's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

ELON's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the token in the short-term. Click Here to get the full Report on Dogelon Mars (ELON).

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