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Is Donu (DONU) Trending Lower or Higher Monday?

Monday, December 04, 2023 07:44 PM | InvestorsObserver Analysts
Is Donu (DONU) Trending Lower or Higher Monday?

Donu receives a strong short-term technical score of 95 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. DONU holds a better recent technical analysis than 95% of coins 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.

Short-Term Technical - 95
InvestorsObserver is giving Donu a 95 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Donu!

Trading Analysis

Donu is $0.000491 (141.89%) higher than its 30-day low price of $0.000345980 while also -$0.000008 (-0.99%) lower than its high of $0.00084523 from the past month of trading. Meanwhile, DONU's current price of $0.000836893 is above its average price of $0.000435893 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Donu suggest that traders are currently bullish on the coin.
Currently, volume and market capitalization data for DONU are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Donu extra intriguing.

Summary

Donu'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 coin's short-term movement. Click Here to get the full Report on Donu (DONU).

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