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COVA (COVA) Rises 15.59% Thursday: What's Next for This Very Bearish Rated Crypto?

Thursday, July 28, 2022 11:22 AM | InvestorsObserver Analysts
COVA (COVA) Rises 15.59% Thursday: What's Next for This Very Bearish Rated Crypto?

COVA (COVA) gets a very bearish rating from InvestorsObserver Thursday. The token is up 15.59% to $0.00002547453227 while the broader crypto market is up 7.29%.

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

Very Bearish

Over the last five days, COVA has earned a Very 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 $0.000020362915165606. The token is 97.02% off its five-day high and is 25.10% higher than its five-day low of $0.000020362915165606.

COVA price is well positioned between support and resistance. With support set around $-0.000256618481481149 and resistance at $0.000577966746013096, has some room to run before facing resistance.

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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