aelf (ELF) Rises 66.93% Monday: What's Next for This Very Bullish Rated Crypto?

Monday, December 06, 2021 11:08 AM | InvestorsObserver Analysts

aelf (ELF) gets a very bullish rating from InvestorsObserver Monday. The Marketplace asset is up 66.93% to $0.632156433 while the broader crypto market is down 0%.

aelf has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on aelf!

See Full Report

Very Bullish

Over the last five days, aelf has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of aelf 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

aelf price is currently above resistance. With support set around $0.353199075125249 and resistance at $0.415421347282918, aelf is potentially in a volatile position if the rally burns out. aelf has traded on low volume recently. This means that today's volume is below its average volume over the past seven days. aelf has maintained a low reading on the InvestorsObserver Volatility Rank as it has faced low volatility relative to the crypto market during the past 60 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. Click here to unlock the rest of the report on aelf