Should You Buy DAOstack (GEN) Monday?

DAOstack receives a weak short-term technical ranking of 17 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. GEN has a superior recent technical analysis than 17% 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 DAOstack a 17 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DAOstack!

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Trading Analysis

DAOstack is $0.000447 (1.84%) higher than its 30-day low price of $0.024252904 while also -$0.031349 (-55.93%) lower than its high of $0.05604920 from the past month of trading. Meanwhile, GEN's current price of $0.024700084 is under its average price of $0.038041286 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of DAOstack suggest that traders are currently bearish on the token. GEN has a relatively low market cap for a token with a total market value of $1,211,022.76. DAOstack'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. DAOstack's average volume meanwhile is low with $1,099,992.09 worth of the token traded over a typical 24 hour period. GEN'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, GEN's volume is below its average with $172,399.58 exchanged.

Summary

DAOstack'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 DAOstack (GEN).