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How Does the Chart Look Tuesday?


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Tuesday, December 07, 2021 03:43 PM | InvestorsObserver Analysts

Dogs Of Elon (DOE): How Does the Chart Look Tuesday?

Dogs Of Elon receives a weak short-term technical ranking of 13 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. DOE has a superior recent technical analysis than 13% 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 - 13
InvestorsObserver is giving Dogs Of Elon a 13 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Dogs Of Elon!

Trading Analysis

Dogs Of Elon is $0.03 (65.97%) higher than its 30-day low price of $0.050000000 while also -$0.67 (-89.75%) lower than its high of $0.74000000 from the past month of trading. Meanwhile, DOE’s current price of $0.08 is under than its average price of $0.220000000 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Dogs Of Elon suggest that traders are currently bearish on the token.

Dogs Of Elon’s market cap of $14,599,958.54 is relatively average for a token. The market valuation for Dogs Of Elon is relatively average due to the largest 100 cryptos having a market cap above $1 billion and DOE sits underneath that mark but remains above $100 million in market capilization. Meanwhile, DOE’s average volume is average with $27,893,784.47 worth of the token traded over an average 24 hour period. The volume for DOE is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, DOE’s volume is below its usual with $4,070,353.41 exchanged.

Dogs Of Elon’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Dogs Of Elon’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 Dogs Of Elon (DOE).

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