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DMarket (DMT) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Sunday: What's Next?

Sunday, August 07, 2022 01:13 PM | InvestorsObserver Analysts
DMarket (DMT) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Sunday: What's Next?

DMarket (DMT) gets a bullish rating from InvestorsObserver Sunday. The Art, Collectibles and Non-Fungible Tokens asset is up 73.03% to $0.008781681996 while the broader crypto market is up 0.59%.

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

Bullish

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

DMarket is currently trading near its five-day high of $0.00985520984977484. The Art, Collectibles and Non-Fungible Tokens asset is 10.89% off its five-day high and is 90.68% higher than its five-day low of $0.00460546201031474.

DMarket price is currently above resistance. With support set around $0.00504054829718519 and resistance at $0.00512091025950361, DMarket is potentially in a volatile position if the rally burns out.

DMarket 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 DMarket

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