What’s next for this bearish-rated crypto?

What’s next for this bearish-rated crypto?

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Sunday 26 February 2023 18:50 | InvestorsObserver analysts

Crypton (CRP) rises 0.01% Sunday: What's next for this bearish rated crypto?

Crypton (CRP) gets a bearish rating from InvestorsObserver Sunday. The crypto is up 0.01% to $0.624999102, while the broader crypto market is up 2.36%.

Sentiment Score - ,
Crypton has a bearish sentiment reading. Find out what this means for you and get the rest of the ranking on Crypton!

Bearish

Over the past five days, Crypton has received a Bearish rating on InvestorsObserver Sentiment Score. Sentiment Score measures the performance of Crypton over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and long-term investors trying to buy the dip.

Price levels

Crypton is currently trading near the midpoint of the past five days. The crypto is 0.23% lower than the five-day high and is 0.11% higher than the five-day low of $0.624321341514587.

Crypton price is well positioned between support and resistance. With support set around $0.624283848321071 and resistance at $0.625669537102809, has some room to run before meeting resistance.

Crypton has been trading on low volume recently. This means that today’s volume is below the average volume of the last seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are usually used for payments. Depending on the cryptocurrency, what these payments are used for can vary from general use in the Digital Money subclass to a more specific use in some other subclasses.

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Due to lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Crypton

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