Rupiah Token receives an average short-term technical ranking of 51 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. IDRT has a superior recent technical analysis than 51% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.
Trading Analysis
Rupiah Token is $0.000000 (0.41%) above its 30-day low of $0.000069550 while -$0.000001 (-1.00%) below its 30-day high of $0.00007054. In addition, IDRT’s current price of $0.000069835 is under its 30-day moving average price of $0.000069931, leading to an average short-term technical score. Overall the recent trading history of Rupiah Token suggest that investors are neutral on the token at the moment.
IDRT has a average market cap compared to the majority of tokens with a total market value of $15,038,828.75. The market valuation for Rupiah Token is relatively average due to the largest 100 cryptos having a market cap above $1 billion and IDRT sits underneath that mark but remains above $100 million in market capilization. Rupiah Token’s average volume is average as $4,062,585.20 worth of the token is typically traded over a 24 hour period. The volume for IDRT 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 IDRT’s volume is below its average with $563,281.84 exchanged.
Rupiah Token’s subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).
Summary
Rupiah Token’s price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token’s short-term movement.
