Pyth Network (PYTH) has a Neutral Sentiment Score, is Falling, and Underperforming the Crypto Market Monday: What's Next?

Monday, February 05, 2024 02:42 PM | InvestorsObserver Analysts

Pyth Network (PYTH) gets a neutral rating from InvestorsObserver Monday. The token is down 2.76% to $0.4758499097 while the broader crypto market is up 0.32%.

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

Neutral

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

Pyth Network is currently trading near its midpoint for the past five-days. The token is 13.15% off its five-day high and is 22.73% higher than its five-day low of $0.387729942798615.

Pyth Network price is trading near support. With support set around $0.465708198508271 and resistance at $0.514006974658021, has plenty of space before hitting resistance.

Pyth Network 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 Pyth Network

Share this article: