Is DAPS Coin (DAPS) Trending Lower or Higher Thursday?

Thursday, December 08, 2022 07:58 PM | InvestorsObserver Analysts

DAPS Coin receives a strong long-term technical score of 97 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, DAPS holds a superior long-term technical analysis score than 97% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving DAPS Coin a 97 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DAPS Coin!

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Trading Analysis

The current trading price of $0.000010332 for DAPS is $0.0000054 (110.40%) above the coins 100-day moving average of $0.000004910. DAPS meanwhile is $0.0000099 (-2729534625.56%) above its 52-week low of $0.000000403 and -$0.00015609 (-6008781.51%) under its 52-week high price of $0.000166423. DAPS Coin's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 97. The price movement and range of DAPS suggest that investors are neutral on the coin at this time. DAPS Coin has a total market value of $599,009.58 with an low average daily volume of $13.87 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, DAPS's volume is below its average with $1.87 exchanged in total. This coin's subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.

Summary

DAPS's historical trading over the past year gives it a a strong long-term technical score of 97 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on DAPS Coin (DAPS).