NFT (NFT) gets a bearish rating from InvestorsObserver Thursday. The crypto is up 0.84% to $0.0000004971082844 while the broader crypto market is up 3.28%.
Bearish
Over the last five days, NFT has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of NFT over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
NFT is currently trading near its five-day low of $0.000000490582010570506. The crypto is 8.67% off its five-day high and is 1.33% higher than its five-day low of $0.000000490582010570506.
NFT price is well positioned between support and resistance. With support set around $0.000000486977240152102 and resistance at $0.000000502591274661883, has some room to run before facing resistance.
NFT has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
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