APENFT (NFT) has a Bearish Sentiment Score, is Rising, and Outperforming the Crypto Market Wednesday: What's Next?

Wednesday, January 19, 2022 01:47 PM | InvestorsObserver Analysts

APENFT (NFT) gets a bearish rating from InvestorsObserver Wednesday. The token is up 3.4% to $0.000002709587652 while the broader crypto market is up 9.71%.

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

Bearish

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

APENFT is currently trading near its midpoint for the past five-days. The token is 8.26% off its five-day high and is 4.35% higher than its five-day low of $0.00000259657860002148.

APENFT price is trading near resistance. With support set around $0.00000256082570518536 and resistance at $0.00000272946921500895, could face selling pressures soon.

APENFT 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 APENFT

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