What's Next for Bearish Rated Venus BNB (vBNB)?

Saturday, January 13, 2024 06:16 AM | InvestorsObserver Analysts

Venus BNB (vBNB) gets a bearish rating from InvestorsObserver Saturday. The crypto is down 3.67% to $6.97 while the broader crypto market is down 5.08%.

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

Bearish

Over the last five days, Venus BNB has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Venus BNB 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

Venus BNB is currently trading near its midpoint for the past five-days. The crypto is 5.69% off its five-day high and is 2.77% higher than its five-day low of $6.78.

Venus BNB price is trading near support. With support set around $6.92 and resistance at $7.42, has plenty of space before hitting resistance.

Venus BNB 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 Venus BNB

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