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Is Rupiah Token (IDRT) Trending Lower or Higher Wednesday?

Wednesday, August 03, 2022 04:29 PM | InvestorsObserver Analysts
Is Rupiah Token (IDRT) Trending Lower or Higher Wednesday?

Rupiah Token receives an average long-term technical score of 34 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. IDRT currently holds a superior long-term technical analysis score than 34% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

Long-Term Technical - 34
InvestorsObserver is giving Rupiah Token a 34 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Rupiah Token!

Trading Analysis

The current trading price of $0.000067072 for IDRT is -$0.0000007 (-1.08%) below the tokens 100-day moving average of $0.000067806. IDRT meanwhile is $0.0000060 (-18006109.83%) above its 52-week low of $0.000061090 and -$0.00007760 (-6912198.32%) under its 52-week high price of $0.000144671. Rupiah Token's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 34. The price movement and range of IDRT suggest that investors are bearish on the token at this time. Rupiah Token has a total market value of $14,443,898.15 with an average average daily volume of $699,259.75 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, IDRT's volume is below its average with $89,442.19 exchanged in total. This token's subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).

Summary

IDRT's historical trading over the past year gives it a an average long-term technical score of 34 as its price movement in that time has given investors reason to be bearish on the token in the long-term. Click Here to get the full Report on Rupiah Token (IDRT).

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