Chonk (CHONK) gets a bullish rating from InvestorsObserver Wednesday. The token is up 30.36% to $14.89 while the broader crypto market is up 6.56%.
Chonk has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Chonk!
Bullish
Over the last five days, Chonk has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Chonk 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
Chonk is currently trading near its five-day high of $15.9384269714355. The token is 6.58% off its five-day high and is 60.54% higher than its five-day low of $9.27.Chonk price is currently above resistance. With support set around $9.84 and resistance at $12.45, Chonk is potentially in a volatile position if the rally burns out.
Chonk 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.
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