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Beam (BEAM) Falls 7.34% Wednesday: What's Next for This Bullish Rated Crypto?

Wednesday, March 27, 2024 12:03 PM | InvestorsObserver Analysts
Beam (BEAM) Falls 7.34% Wednesday: What's Next for This Bullish Rated Crypto?

Beam (BEAM) gets a bullish rating from InvestorsObserver Wednesday. The token is down 7.34% to $0.03616554056 while the broader crypto market is down 1.71%.

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

Bullish

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

Beam is currently trading near its midpoint for the past five-days. The token is 10.20% off its five-day high and is 16.11% higher than its five-day low of $0.0311485603451729.

Beam price is currently below support. With support set around $0.0362926151236562 and resistance at $0.0409592117747335, Beam is potentially in volatile territory as selling pushes the crypto's price below recent support.

Beam 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 Beam

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