Review on indaHash by Mehdi hazni
Indahash IDH
The IDH currency is currently ranked 930 in terms of Total market cap. The currency has fallen in price by about 71 percent over the past two years and by about 70 percent in the past year. But in the past month, one week and one day, it has witnessed all the price growth.
The daily trading volume of this currency is about $ 2,000, which is a very low figure and its price can be easily manipulated by whales.
The number of units in circulation in indaHash will be 399.94 million and the total number of units will be 400 million, so almost all of its units are in circulation.
Currently the most active exchange in which indaHash trades is the HitBTC exchange with a share of 65.62% of the daily trading volume.
Therefore, it can be concluded that this currency is not suitable for long-term trade and long-term investment, unless something special happens in it, but it can be profitable for trade and short-term and medium-term investments.
The current price at the time of writing this review is around 0.0033 USD, and given the support at the level of about 0.0012 USD, I expect the price to rise to around 0.005 USD, because the first resistance is important (I have marked it in the inserted photo)
This is my personal opinion on the analysis of the price of this currency and there is no reason for its certainty.
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Pros
- In the short and medium term, buying it can be profitable
Cons
- It does not have good prospects for long-term investment
