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DMarket (DMT) Receives a Bullish Rating Wednesday: Is it Time to Get on Board?

Wednesday, June 15, 2022 07:16 AM | InvestorsObserver Analysts
DMarket (DMT) Receives a Bullish Rating Wednesday: Is it Time to Get on Board?

DMarket (DMT) gets a bullish rating from InvestorsObserver Wednesday. The Art, Collectibles and Non-Fungible Tokens asset is up 49.85% to $0.003689166653 while the broader crypto market is down 6.53%.

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 midpoint for the past five-days. The Art, Collectibles and Non-Fungible Tokens asset is 23.16% off its five-day high and is 60.13% higher than its five-day low of $0.00230387477364939.

DMarket price is currently above resistance. With support set around $0.00233358251323565 and resistance at $0.00256107691136762, 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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