DOWCOIN (DOW): How Does the Chart Look Wednesday?

Wednesday, January 05, 2022 03:46 PM | InvestorsObserver Analysts

InvestorsObserver gives DOWCOIN an average short-term technical score of 64 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. DOW has currently traded better than 64% 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.

InvestorsObserver is giving DOWCOIN a 64 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DOWCOIN!

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Trading Analysis

DOW is currently $0.000034 (44.73%) above its 30-day low of $0.000075512 and -$0.000563 (-83.75%) below its 30-day high of $0.00067235. Additionally, DOW is under its average price of $0.000360641 over the past month of trading with its current price of $0.000109286. Overall, the recent trading history of DOWCOIN suggest that traders are currently neutral on the token. DOWCOIN's market cap of $1,294.52 is relatively low for a token. DOWCOIN'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. Meanwhile, DOW's average volume is low with $2.45 worth of the token traded over an average 24 hour period. DOW'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 last 24 hours, DOW's volume is below its usual with $0.00 exchanged.

Summary

DOWCOIN's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on DOWCOIN (DOW).