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Bitspawn (SPWN) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Friday: What's Next?

Friday, March 01, 2024 02:30 PM | InvestorsObserver Analysts
Bitspawn (SPWN) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Friday: What's Next?

Bitspawn (SPWN) gets a bearish rating from InvestorsObserver Friday. The token is down 12.86% to $0.0003009781415 while the broader crypto market is up 2.16%.

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

Bearish

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

Bitspawn is currently trading near its five-day low of $0.00021240055502858. The token is 66.94% off its five-day high and is 41.70% higher than its five-day low of $0.00021240055502858.

Bitspawn price is well positioned between support and resistance. With support set around $0.000207553403626513 and resistance at $0.000488065856799801, has some room to run before facing resistance.

Bitspawn 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 Bitspawn

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