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Should You Buy Debitum (DEB) Tuesday?

Tuesday, January 25, 2022 02:12 PM | InvestorsObserver Analysts
Should You Buy Debitum (DEB) Tuesday?

Debitum receives a strong short-term technical ranking of 68 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. DEB has a superior recent technical analysis than 68% 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.

Short-Term Technical - 68
InvestorsObserver is giving Debitum a 68 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Debitum!

Trading Analysis

Debitum is $0.000848 (58.73%) higher than its 30-day low price of $0.001444780 while also -$0.001968 (-46.18%) lower than its high of $0.00426084 from the past month of trading. Meanwhile, DEB's current price of $0.002293232 is under its average price of $0.003385896 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Debitum suggest that traders are currently bullish on the token. DEB has a low market cap compared to the majority of tokens with a total market value of $457,833.91. Debitum'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. Debitum's average volume is low as $186,189.85 worth of the token is typically traded over a 24 hour period. DEB'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 DEB's volume is below its average with $24,995.74 exchanged.

Summary

DEB's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term. Click Here to get the full Report on Debitum (DEB).

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