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Is Scry.information (DDD) Trending Decrease or Upper Wednesday?

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Wednesday, May 11, 2022 03:04 PM | Investors Observer Analysts

Scry.info receives a weak short-term technical score of 4 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. DDD holds a better recent technical analysis than 4% 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.

Short-Term Technical - 4
InvestorsObserver is giving Scry.info a 4 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Scry.info!

Trading Analysis

Scry.info is $0.000000 (0.00%) higher than its 30-day low price of $0.000694357 while also -$0.002095 (-75.11%) lower than its high of $0.00278972 from the past month of trading. Meanwhile, DDD’s current price of $0.000694357 is under its average price of $0.001962789 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Scry.info suggests that traders are currently bearish on the token. DDD has a low market cap compared to the majority of tokens with a total market value of $305,556.50. Scry.info’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Scry.info’s average volume is low as $163,057.13 worth of the token is typically traded over a 24 hour period. DDD’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours DDD’s volume is below its average with $40,963.66 exchanged. Scry.info’s subclass Smart Contracts: A computer program designed to automatically execute when predetermined conditions are satisfied. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.

Summary

DDD’s recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Scry.info (DDD).

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