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Monday, April 25, 2022 06:26 AM | InvestorsObserver Analysts

InvestorsObserver gives Dogelon Mars a strong short-term technical score of 95 from its analysis. The proprietary scoring system considers the token’s trading history over the past month to determine the strength of its short-term technicals. ELON has currently traded better than 95% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

Short-Term Technical - 95
InvestorsObserver is giving Dogelon Mars a 95 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Dogelon Mars!

Trading Analysis

Dogelon Mars is $0.000000 (28.75%) higher than its 30-day low price of $0.000000743 while also $0.000000 (-24.32%) lower than its high of $0.00000126 from the past month of trading. Meanwhile, ELON’s current price of $0.000000957 is above its average price of $0.000000921 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Dogelon Mars suggest that traders are currently bullish on the token.

ELON has a average market cap compared to the majority of tokens with a total market value of $530,040,576.38. The market valuation for Dogelon Mars is relatively average due to the largest 100 cryptos having a market cap above $1 billion and ELON sits underneath that mark but remains above $100 million in market capilization. Dogelon Mars’s average volume is average as $378,668,072.60 worth of the token is typically traded over a 24 hour period. The volume for ELON 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 past 24 hours ELON’s volume is below its average with $46,924,655.84 exchanged.

Dogelon Mars’s subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

Dogelon Mars’s price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token’s short-term movement.

Click Here to get the full Report on Dogelon Mars (ELON).

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