Q DAO Governance token v1.0 receives a strong long-term technical score of 91 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
QDAO currently holds a superior long-term technical analysis score than 91% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
Q DAO Governance token v1.0’s price is $0.1500000 (2.08%) above its 100-day moving average price of $7.180000000 as its price at the moment sits at $7.330000000. Additionally, QDAO is $6.6200000 (-514.36%) higher than its 52-week low price of $0.710000000 while -$21.49000000 (-9.26%) under its 52-week high of $28.820000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives QDAO a strong long-term technical score of 91. Long-term trading movement of Q DAO Governance token v1.0 suggest that investors are neutral on the token at the moment.
Currently, volume and market capitalization data is not available for QDAO. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Q DAO Governance token v1.0 extra intriguing.
Summary
Trading patterns over the last year for Q DAO Governance token v1.0 leads to the token’s a strong long-term technical score of 91 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.
Click Here to get the full Report on Q DAO Governance token v1.0 (QDAO).
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