Decentralized Asset Trading Platform receives a strong short-term technical ranking of 90 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. DATP has a superior recent technical analysis than 90% 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.
InvestorsObserver is giving Decentralized Asset Trading Platform a 90 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Decentralized Asset Trading Platform!
Trading Analysis
Decentralized Asset Trading Platform is $0.000001 (102.05%) higher than its 30-day low price of $0.000001466 while also -$0.000003 (-48.13%) lower than its high of $0.00000571 from the past month of trading. Meanwhile, DATP's current price of $0.000002961 is under its average price of $0.000003083 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Decentralized Asset Trading Platform suggest that traders are currently bullish on the token.
Decentralized Asset Trading Platform's market cap of $35,006.48 is relatively low for a token. Decentralized Asset Trading Platform'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, DATP's average volume is low with $70.52 worth of the token traded over an average 24 hour period. DATP'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, DATP's volume is below its usual with $48.13 exchanged.
Summary
DATP'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.
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