Swarm (BZZ) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Saturday: What's Next?

Saturday, May 06, 2023 02:43 PM | InvestorsObserver Analysts

Swarm (BZZ) gets a bullish rating from InvestorsObserver Saturday. The crypto is up 5.25% to $0.4253530399 while the broader crypto market is down 2.76%.

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

Bullish

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

Swarm is currently trading near its five-day high of $0.432520836591721. The crypto is 1.66% off its five-day high and is 8.35% higher than its five-day low of $0.392561614513397.

Swarm price is currently above resistance. With support set around $0.395531237694021 and resistance at $0.4097538000071, Swarm is potentially in a volatile position if the rally burns out.

Swarm 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 Swarm

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