Datacoin receives a weak long-term technical score of 11 InvestorsObserver Analysis. Our proprietary grading system considers trading patterns over the last few months to a year, analyzing the coin’s consistency and volatility and where it compares to long-term averages to determine if it’s a strong buy-and-hold investment opportunity acts. Currently, DTC holds a superior long-term technical analysis value than 11% of cryptocurrencies. Long-term investors employing a buy-and-hold strategy will find long-term rank particularly relevant when allocating their assets, and may find additional value in finding cryptos with a high short-term technical score to discover coins that will have bottomed out.
Datacoin price is -$0.0000996 (-25.68%) below its 100-day moving average price of $0.000387962 as the price currently stands at $0.000288331. Furthermore, DTC is up $0.0000248 (-4174386.20%) from its 52-week low of $0.000263505, while -$0.00148115 (-565121.50%) is below its 52-week high of $0.001769480. The current trading price relative to its long-term average along with its 52-week high and low gives DTC an average long-term technical score of 11. Datacoin’s long-term trading movement suggests investors are bearish on the coin at the moment. No volume and market cap data is currently available for DTC. The lack of available data is usually a sign that either a new coin or token is being launched, or one with extremely low volume and value that is not being picked up by leading data providers. No recorded volume or market cap usually correlates with high volatile coins which may not be the best investment choice for the majority of investors. However, those looking for newer cryptos might find coins like Datacoin particularly intriguing.
Trading patterns over the past year for Datacoin resulted in the coin’s weak long-term technical rating of 11, as its consistency, volatility and relationship to long-term moving averages have given investors reason to be bearish on the coin. Click here for the full Datacoin (DTC) report.
Stay up to date
Subscribe to our daily morning update newsletter and don’t miss any major market news, moves and more.