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Is dexIRA (DEX) Trending Lower or Higher Thursday?

Thursday, January 20, 2022 06:33 PM | InvestorsObserver Analysts
Is dexIRA (DEX) Trending Lower or Higher Thursday?

dexIRA receives a strong short-term technical ranking of 97 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. DEX has a superior recent technical analysis than 97% 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 - 97
InvestorsObserver is giving dexIRA a 97 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on dexIRA!

Trading Analysis

dexIRA is $0.001340 (182.95%) above its 30-day low of $0.000732461 while -$0.001333 (-39.14%) below its 30-day high of $0.00340536. In addition, DEX's current price of $0.002072520 is above its 30-day moving average price of $0.001542305, leading to a strong short-term technical score. Overall the recent trading history of dexIRA suggest that investors are bullish on the token at the moment. DEX has a low market cap compared to the majority of tokens with a total market value of $0.00. dexIRA'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. dexIRA's average volume is low as $57,321.73 worth of the token is typically traded over a 24 hour period. DEX'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 DEX's volume is below its average with $8,986.63 exchanged.

Summary

DEX'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 dexIRA (DEX).

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