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Is Traders coin (TRDC) Trending Lower or Higher Monday?

Monday, December 13, 2021 11:38 AM | InvestorsObserver Analysts
Is Traders coin (TRDC) Trending Lower or Higher Monday?

Traders coin receives a weak short-term technical score of 32 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. TRDC holds a better recent technical analysis than 32% of tokens 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 - 32
InvestorsObserver is giving Traders coin a 32 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Traders coin!

Trading Analysis

TRDC is currently $0.000133 (1.35%) above its 30-day low of $0.009849915 and -$0.010974 (-52.36%) below its 30-day high of $0.02095679. Additionally, TRDC is under its average price of $0.013872781 over the past month of trading with its current price of $0.009982894. Overall, the recent trading history of Traders coin suggest that traders are currently bearish on the token. TRDC has a low market cap compared to the majority of tokens with a total market value of $0.00. Traders coin'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. Traders coin's average volume is low as $930,280.78 worth of the token is typically traded over a 24 hour period. TRDC'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 TRDC's volume is below its average with $170,815.95 exchanged.

Summary

Traders coin's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on Traders coin (TRDC).

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