Bytecoin (BCN) gets a very bullish rating from InvestorsObserver Friday. The coin is up 35.89% to $0.0002929685878 while the broader crypto market is down 10.42%.
Bytecoin has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Bytecoin!
Very Bullish
Over the last five days, Bytecoin has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Bytecoin 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
Bytecoin is currently trading near its five-day high of $0.000292968587834481. The coin is 0.00% its five-day high and is 43.89% higher than its five-day low of $0.000203602454610995.Bytecoin price is currently above resistance. With support set around $0.000200117673440987 and resistance at $0.000243922503497602, Bytecoin is potentially in a volatile position if the rally burns out.
Bytecoin 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.
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