Cindicator (CND) Receives a Very Bullish Rating Thursday: Is it Time to Get on Board?

Thursday, December 02, 2021 02:01 PM | InvestorsObserver Analysts

Cindicator (CND) gets a very bullish rating from InvestorsObserver Thursday. The crypto is up 12.53% to $0.01814651532 while the broader crypto market is down 1.86%.

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

See Full Report

Very Bullish

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

Cindicator price is currently above resistance. With support set around $0.0154336451673736 and resistance at $0.0166676680678358, Cindicator is potentially in a volatile position if the rally burns out. Cindicator has traded on low volume recently. This means that today's volume is below its average volume over the past seven days. Cindicator 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 Cindicator