Is Decentralized Asset Trading Platform (DATP) Trending Lower or Higher Wednesday?

Decentralized Asset Trading Platform receives a strong short-term technical ranking of 89 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 89% 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 89 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Decentralized Asset Trading Platform!

See Full Report

Trading Analysis

Decentralized Asset Trading Platform is $0.000002 (109.31%) above its 30-day low of $0.000001466 while -$0.000003 (-46.26%) below its 30-day high of $0.00000571. In addition, DATP's current price of $0.000003068 is above its 30-day moving average price of $0.000002738, leading to a strong short-term technical score. Overall the recent trading history of Decentralized Asset Trading Platform suggest that investors are bullish on the token at the moment. DATP has a low market cap compared to the majority of tokens with a total market value of $36,265.85. 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. Decentralized Asset Trading Platform's average volume is low as $313.72 worth of the token is typically traded over a 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 past 24 hours DATP's volume is below its average with $41.75 exchanged.

Summary

Decentralized Asset Trading Platform's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on Decentralized Asset Trading Platform (DATP).