DomRaider (DRT) What Does the Chart Say Tuesday?

Tuesday, February 08, 2022 08:46 AM | InvestorsObserver Analysts

DomRaider receives an average short-term technical score of 39 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. DRT holds a better recent technical analysis than 39% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving DomRaider a 39 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DomRaider!

See Full Report

Trading Analysis

DRT is currently $0.000197 (20.95%) above its 30-day low of $0.000939376 and -$0.000887 (-43.84%) below its 30-day high of $0.00202294. Additionally, DRT is under its average price of $0.001473852 over the past month of trading with its current price of $0.001136148. Overall, the recent trading history of DomRaider suggest that traders are currently neutral on the token. DRT has a low market cap compared to the majority of tokens with a total market value of $672,031.77. DomRaider'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. DomRaider's average volume is low as $108.91 worth of the token is typically traded over a 24 hour period. DRT'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 past 24 hours DRT's volume is below its average with $14.48 exchanged. DomRaider's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

DomRaider's trading over the past 30 days leads to its an average short-term technical score due to recent price movement suggesting more neutral signals for traders on the token in the near future. Click Here to get the full Report on DomRaider (DRT).