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COVA (COVA) Receives a Bearish Rating Sunday: Is it Time to Jump Ship?

Sunday, August 07, 2022 12:35 PM | InvestorsObserver Analysts
COVA (COVA) Receives a Bearish Rating Sunday: Is it Time to Jump Ship?

COVA (COVA) gets a bearish rating from InvestorsObserver Sunday. The crypto is down 96.24% to $0.00002764974474 while the broader crypto market is down 0.19%.

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

Bearish

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

COVA is currently trading near its five-day low of $0.0000225028616114287. The crypto is 97.21% off its five-day high and is 22.87% higher than its five-day low of $0.0000225028616114287.

COVA price is currently below support. With support set around $0.000244186132315273 and resistance at $0.00100637669476991, COVA is potentially in volatile territory as selling pushes the crypto's price below recent support.

COVA 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 COVA

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