Rupiah Token receives a strong short-term technical ranking of 95 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 95% 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 $0.000002 (2.98%) higher than its 30-day low price of $0.000066226 while also -$0.000002 (-3.46%) lower than its high of $0.00007065 from the past month of trading. Meanwhile, IDRT’s current price of $0.000068200 is under its average price of $0.000069110 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.
Rupiah Token’s market cap of $14,686,738.62 is relatively average for a token. 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. Meanwhile, IDRT’s average volume is average with $2,746,384.35 worth of the token traded over an average 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 last 24 hours, IDRT’s volume is below its usual with $626,812.91 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.
