InvestorsObserver gives Rupiah Token a strong short-term technical score of 84 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. IDRT has currently traded better than 84% 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
Rupiah Token is $0.000001 (0.74%) higher than its 30-day low price of $0.000069440 while also -$0.000001 (-0.83%) lower than its high of $0.00007054 from the past month of trading. Meanwhile, IDRT’s current price of $0.000069957 is above its average price of $0.000069932 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Rupiah Token suggest that traders are currently bullish on the token.
IDRT has a average market cap compared to the majority of tokens with a total market value of $15,065,122.57. 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 $2,403,384.23 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 $365,730.86 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
IDRT’s recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term.
