What do the Short-Term Technicals Predict for Decentral Games ICE (ICE) Saturday?

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Saturday, October 01, 2022 02:00 PM | InvestorsObserver Analysts

Decentral Games ICE receives a strong short-term technical score of 72 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. ICE holds a better recent technical analysis than 72% 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 - 72
InvestorsObserver is giving Decentral Games ICE a 72 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Decentral Games ICE!

Trading Analysis

Decentral Games ICE is $0.000565 (9.59%) higher than its 30-day low price of $0.005897622 while also -$0.001942 (-23.10%) lower than its high of $0.00840485 from the past month of trading. Meanwhile, ICE’s current price of $0.006463035 is under its average price of $0.006969498 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Decentral Games ICE suggest that traders are currently bullish on the token.

Decentral Games ICE’s market cap of $2,361,624.87 is relatively low for a token. Decentral Games ICE’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. Meanwhile, ICE’s average volume is low with $4,574,952.38 worth of the token traded over an average 24 hour period. ICE’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 last 24 hours, ICE’s volume is below its usual with $600,917.45 exchanged.

Decentral Games ICE’s subclass Gaming: Gaming crytpocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain which allows users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded with other uses. This subclass also includes tokens used in gambling and other forms of entertainment.

Summary

Decentral Games ICE’s trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future.

Click Here to get the full Report on Decentral Games ICE (ICE).

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