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

Wednesday, January 12, 2022 06:15 PM | InvestorsObserver Analysts
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.

Short-Term Technical - 89
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!

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).

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