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Anoncoin (ANC) Falls 33.49% Saturday: What's Next for This Bearish Rated Crypto?

Saturday, August 13, 2022 09:22 AM | InvestorsObserver Analysts
Anoncoin (ANC) Falls 33.49% Saturday: What's Next for This Bearish Rated Crypto?

Anoncoin (ANC) gets a bearish rating from InvestorsObserver Saturday. The crypto is down 33.49% to $0.01442263825 while the broader crypto market is up 3.08%.

Sentiment Score - ,
Anoncoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Anoncoin!

Bearish

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

Anoncoin is currently trading near its five-day low of $0.0136629119515419. The crypto is 36.05% off its five-day high and is 5.56% higher than its five-day low of $0.0136629119515419.

Anoncoin price is currently below support. With support set around $0.0214026496931408 and resistance at $0.0220899732037876, Anoncoin is potentially in volatile territory as selling pushes the crypto's price below recent support.

Anoncoin 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 coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

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 Anoncoin

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