Is Doge Dash (DOGEDASH) Heading the Wrong Direction Sunday?

Sunday, October 02, 2022 11:00 AM | InvestorsObserver Analysts

Doge Dash receives a strong short-term technical score of 99 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. DOGEDASH holds a better recent technical analysis than 99% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Doge Dash a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Doge Dash!

See Full Report

Trading Analysis

DOGEDASH is currently $0.000061 (76.30%) above its 30-day low of $0.000079455 and $0.000000 (-0.05%) below its 30-day high of $0.00014016. Additionally, DOGEDASH is above its average price of $0.000091223 over the past month of trading with its current price of $0.000140079. Overall, the recent trading history of Doge Dash suggest that traders are currently bullish on the token. Doge Dash's market cap of $7,570,820.36 is relatively average for a token. The market valuation for Doge Dash is relatively average due to the largest 100 cryptos having a market cap above $1 billion and DOGEDASH sits underneath that mark but remains above $100 million in market capilization. Meanwhile, DOGEDASH's average volume is average with $1,150,181.65 worth of the token traded over an average 24 hour period. The volume for DOGEDASH is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, DOGEDASH's volume is below its usual with $173,131.05 exchanged.

Summary

Doge Dash'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 Doge Dash (DOGEDASH).