Bullish-Rated Elitium (EUM) Rises Wednesday to $3.23

Wednesday, December 08, 2021 01:03 PM | InvestorsObserver Analysts

Elitium (EUM) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 0.68% to $3.23 while the broader crypto market is down 0.33%.

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

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Bullish

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

Elitium price is comfortably positioned between support and resistance. With support set around $3.16 and resistance at $3.26, has some room to run before facing resistance. Elitium has traded on low volume recently. This means that today's volume is below its average volume over the past seven days. Elitium has maintained a low reading on the InvestorsObserver Volatility Rank as it has faced low volatility relative to the crypto market during the past 60 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 Elitium