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DAEX (DAX) Rises 49.08% Wednesday: What's Next for This Bullish Rated Crypto?

Wednesday, February 02, 2022 05:02 PM | InvestorsObserver Analysts
DAEX (DAX) Rises 49.08% Wednesday: What's Next for This Bullish Rated Crypto?

DAEX (DAX) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 49.08% to $0.009256617089 while the broader crypto market is down 4.24%.

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

Bullish

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

DAEX is currently trading near its midpoint for the past five-days. The crypto is 11.40% off its five-day high and is 60.65% higher than its five-day low of $0.00576187344267964.

DAEX price is currently above resistance. With support set around $0.00592882822257976 and resistance at $0.00669622638253073, DAEX is potentially in a volatile position if the rally burns out.

DAEX 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 DAEX

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