Is FXDX (FXDX) Heading the Right Direction Wednesday?

Wednesday, March 27, 2024 07:59 PM | InvestorsObserver Analysts

FXDX receives an average short-term technical ranking of 64 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. FXDX has a superior recent technical analysis than 64% 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.

InvestorsObserver is giving FXDX a 64 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on FXDX!

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Trading Analysis

FXDX is $0.005105 (54.37%) higher than its 30-day low price of $0.009390041 while also -$0.002130 (-12.81%) lower than its high of $0.01662540 from the past month of trading. Meanwhile, FXDX's current price of $0.014495285 is above its average price of $0.012871301 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of FXDX suggest that traders are currently neutral on the token. FXDX has a low market cap compared to the majority of tokens with a total market value of $556,489.74. FXDX'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. FXDX's average volume is low as $802,734.70 worth of the token is typically traded over a 24 hour period. FXDX'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 FXDX's volume is below its average with $125,433.70 exchanged.

Summary

FXDX's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on FXDX (FXDX).