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Bearish-Rated Mdex (MDX) Falls Friday to $0.05569971802

Friday, March 01, 2024 03:21 PM | InvestorsObserver Analysts
Bearish-Rated Mdex (MDX) Falls Friday to $0.05569971802

Mdex (MDX) gets a bearish rating from InvestorsObserver Friday. The crypto is down 26.03% to $0.05569971802 while the broader crypto market is up 1.58%.

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

Bearish

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

Mdex is currently trading near its five-day low of $0.0514432452619076. The crypto is 27.30% off its five-day high and is 8.27% higher than its five-day low of $0.0514432452619076.

Mdex price is currently below support. With support set around $0.059831597778886 and resistance at $0.0836940155661995, Mdex is potentially in volatile territory as selling pushes the crypto's price below recent support.

Mdex 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 Mdex

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