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Is DoggyStyle Coin (DSC) Heading the Wrong Direction Thursday?

Thursday, February 03, 2022 03:06 PM | InvestorsObserver Analysts
Is DoggyStyle Coin (DSC) Heading the Wrong Direction Thursday?

DoggyStyle Coin receives a weak short-term technical ranking of 13 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. DSC has a superior recent technical analysis than 13% 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 - 13
InvestorsObserver is giving DoggyStyle Coin a 13 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DoggyStyle Coin!

Trading Analysis

DoggyStyle Coin is $0.000000 (0.02%) higher than its 30-day low price of $0.000004021 while also -$0.000002 (-29.19%) lower than its high of $0.00000568 from the past month of trading. Meanwhile, DSC's current price of $0.000004022 is under its average price of $0.000004906 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of DoggyStyle Coin suggest that traders are currently bearish on the token. DSC has a relatively low market cap for a token with a total market value of $0.00. DoggyStyle Coin'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. DoggyStyle Coin's average volume meanwhile is low with $508.38 worth of the token traded over a typical 24 hour period. DSC'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. As of the past 24 hours, DSC's volume is below its average with $72.82 exchanged.

Summary

DoggyStyle Coin's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on DoggyStyle Coin (DSC).

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