InvestorsObserver
×
News Home

Is Q DAO Governance token v1.0 (QDAO) Heading the Right Direction Wednesday?

Wednesday, January 19, 2022 06:57 PM | InvestorsObserver Analysts
Is Q DAO Governance token v1.0 (QDAO) Heading the Right Direction Wednesday?

InvestorsObserver gives Q DAO Governance token v1.0 a strong long-term technical score of 88 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. QDAO at this time has a superior long-term technical analysis score than 88% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

Long-Term Technical - 88
InvestorsObserver is giving Q DAO Governance token v1.0 a 88 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Q DAO Governance token v1.0!

Trading Analysis

Q DAO Governance token v1.0's price is -$2.5400000 (-30.31%) below its 100-day moving average price of $8.390000000 as its price at the moment sits at $5.850000000. Additionally, QDAO is $5.2100000 (-803.91%) higher than its 52-week low price of $0.640000000 while -$22.97000000 (-14.40%) under its 52-week high of $28.820000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives QDAO a strong long-term technical score of 88. Long-term trading movement of Q DAO Governance token v1.0 suggest that investors are neutral on the token at the moment. Q DAO Governance token v1.0 has a total market value of $1,543,362.63 with an low average daily volume of $164.28 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, QDAO's volume is below its average with $25.04 exchanged in total.

Summary

Trading patterns over the last year for Q DAO Governance token v1.0 leads to the token's a strong long-term technical score of 88 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Q DAO Governance token v1.0 (QDAO).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App