What do the Short-Term Technicals Predict for Dacxi (DACXI)
InvestorsObserver gives Dacxi 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. DACXI 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.
Trading Analysis
Dacxi is $0.001466 (77.57%) higher than its 30-day low price of $0.001890234 while also -$0.000003 (-0.09%) lower than its high of $0.00335954 from the past month of trading. Meanwhile, DACXI’s current price of $0.003356396 is above its average price of $0.002569575 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Dacxi suggests that traders are currently bullish on the token.
Dacxi’s market cap of $22,491,553.16 is relatively average for a token. The market valuation for Dacxi is relatively average due to the largest 100 cryptos having a market cap above $1 billion and DACXI sits underneath that mark but remains above $100 million in market capitalization. Meanwhile, DACXI’s average volume is average with $1,813,587.28 worth of the token traded over an average 24-hour period. The volume for DACXI 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.
Summary
Dacxi’s price movement over the past month has led to 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 Dacxi (DACXI).
