HedgeTrade (HEDG) Rises 2.47% Wednesday: What's Next for This Bullish Rated Crypto?

Wednesday, October 12, 2022 10:56 AM | InvestorsObserver Analysts

HedgeTrade (HEDG) gets a bullish rating from InvestorsObserver Wednesday. The token is up 2.47% to $0.1454531861 while the broader crypto market is up 0.45%.

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

Bullish

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

HedgeTrade is currently trading near its five-day high of $0.156056255102158. The token is 6.79% off its five-day high and is 42.42% higher than its five-day low of $0.10213053971529.

HedgeTrade price is trading near resistance. With support set around $0.133749466744882 and resistance at $0.146910261718255, could face selling pressures soon.

HedgeTrade 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 HedgeTrade

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