What do the Short-Term Technicals Predict for Dogelon Mars (ELON) Sunday?

Dogelon Mars receives an average short-term technical score of 40 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. ELON holds a better recent technical analysis than 40% 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.

InvestorsObserver is giving Dogelon Mars a 40 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 (8.52%) higher than its 30-day low price of $0.000000235 while also $0.000000 (-15.66%) lower than its high of $0.00000030 from the past month of trading. Meanwhile, ELON’s current price of $0.000000255 is under its average price of $0.000000263 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Dogelon Mars suggest that traders are currently neutral on the token.

ELON has a relatively average market cap for a token with a total market value of $139,877,190.97. 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 meanwhile is average with $10,685,373.12 worth of the token traded over a typical 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. As of the past 24 hours, ELON’s volume is below its average with $1,483,005.95 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

ELON’s recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the token in the short-term.

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