Very Bullish-Rated Carbon (CRBN) Rises Wednesday to $0.0985579419

Wednesday, January 12, 2022 03:38 PM | InvestorsObserver Analysts

Carbon (CRBN) gets a very bullish rating from InvestorsObserver Wednesday. The token is up 9.02% to $0.0985579419 while the broader crypto market is up 8.13%.

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

Very Bullish

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

Carbon is currently trading near its five-day high of $0.100725451706151. The token is 2.15% off its five-day high and is 31.64% higher than its five-day low of $0.0748679935932159.

Carbon price is trading near resistance. With support set around $0.0784488990926164 and resistance at $0.098793096842708, could face selling pressures soon.

Carbon 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 Carbon

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