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DMarket (DMT) has a Very Bullish Sentiment Score, is Falling, and Underperforming the Crypto Market Friday: What's Next?

Friday, August 26, 2022 07:16 AM | InvestorsObserver Analysts
DMarket (DMT) has a Very Bullish Sentiment Score, is Falling, and Underperforming the Crypto Market Friday: What's Next?

DMarket (DMT) gets a very bullish rating from InvestorsObserver Friday. The Art, Collectibles and Non-Fungible Tokens asset is down 1.81% to $0.00871774945 while the broader crypto market is down 2.15%.

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

Very Bullish

Over the last five days, DMarket has earned a Very 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 $0.00893375091254711. The Art, Collectibles and Non-Fungible Tokens asset is 2.42% off its five-day high and is 34.83% higher than its five-day low of $0.00646558683365583.

DMarket price is well positioned between support and resistance. With support set around $0.00766202494144113 and resistance at $0.00951398269846708, has some room to run before facing resistance.

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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