Is DOS Network (DOS) Trending Lower or Higher Friday?

Friday, January 28, 2022 11:28 AM | InvestorsObserver Analysts

InvestorsObserver gives DOS Network a weak short-term technical score of 13 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. DOS has currently traded better than 13% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving DOS Network a 13 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DOS Network!

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Trading Analysis

DOS is currently $0.003087 (25.70%) above its 30-day low of $0.012010871 and -$0.009890 (-39.58%) below its 30-day high of $0.02498726. Additionally, DOS is under its average price of $0.016782653 over the past month of trading with its current price of $0.015097574. Overall, the recent trading history of DOS Network suggest that traders are currently bearish on the token. DOS has a relatively low market cap for a token with a total market value of $2,052,349.44. DOS Network'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. DOS Network's average volume meanwhile is low with $4,026,703.24 worth of the token traded over a typical 24 hour period. DOS'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, DOS's volume is below its average with $536,835.48 exchanged.

Summary

DOS's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on DOS Network (DOS).