DeHive (DHV) Rises 2.94% Monday: What's Next for This Neutral Rated Crypto?

Monday, February 07, 2022 11:00 AM | InvestorsObserver Analysts

DeHive (DHV) gets a neutral rating from InvestorsObserver Monday. The token is up 2.94% to $0.5132082448 while the broader crypto market is up 5.78%.

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

Neutral

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

DeHive is currently trading near its five-day high of $0.528172053977241. The token is 2.83% off its five-day high and is 18.48% higher than its five-day low of $0.43314853310585.

DeHive price is trading near resistance. With support set around $0.480553673333023 and resistance at $0.518201635903214, could face selling pressures soon.

DeHive 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 DeHive

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