DPRating (RATING): Does it Score Poorly on Short-Term Trading Metrics Tuesday?

Tuesday, December 14, 2021 09:11 AM | InvestorsObserver Analysts

InvestorsObserver gives DPRating a strong short-term technical score of 84 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. RATING has currently traded better than 84% 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 DPRating a 84 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DPRating!

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Trading Analysis

RATING is currently $0.000074 (34.59%) above its 30-day low of $0.000213136 and -$0.000247 (-46.24%) below its 30-day high of $0.00053363. Additionally, RATING is under its average price of $0.000308515 over the past month of trading with its current price of $0.000286857. Overall, the recent trading history of DPRating suggest that traders are currently bullish on the token. RATING has a low market cap compared to the majority of tokens with a total market value of $613,997.37. DPRating'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. DPRating's average volume is low as $1,083,150.57 worth of the token is typically traded over a 24 hour period. RATING'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 RATING's volume is below its average with $118,473.54 exchanged.

Summary

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