Anchor (ANCT) Rises 2.17% Monday: What's Next for This Bullish Rated Crypto?

Monday, January 24, 2022 04:06 PM | InvestorsObserver Analysts

Anchor (ANCT) gets a bullish rating from InvestorsObserver Monday. The crypto is up 2.17% to $0.8188 while the broader crypto market is up 2.66%.

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

Bullish

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

Anchor is currently trading near its five-day high of $0.825500011444092. The crypto is 0.81% off its five-day high and is 21.93% higher than its five-day low of $0.671509981155396.

Anchor price is trading near resistance. With support set around $0.787999983720305 and resistance at $0.819800015382292, could face selling pressures soon.

Anchor 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.

Click here to unlock the rest of the report on Anchor

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