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EDC Blockchain (EDC) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Wednesday: What's Next?

Wednesday, May 11, 2022 08:59 AM | InvestorsObserver Analysts
EDC Blockchain (EDC) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Wednesday: What's Next?

EDC Blockchain (EDC) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 0.78% to $0.004853463079 while the broader crypto market is down 10.55%.

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

Bullish

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

EDC Blockchain is currently trading near its midpoint for the past five-days. The crypto is 12.63% off its five-day high and is 47.16% higher than its five-day low of $0.00329804990126836.

EDC Blockchain price is well positioned between support and resistance. With support set around $0.00357695768492376 and resistance at $0.00577744685018515, has some room to run before facing resistance.

EDC Blockchain 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 coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

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 EDC Blockchain

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