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EDC Blockchain (EDC) Receives a Very Bullish Rating Friday: Is it Time to Get on Board?

Friday, July 29, 2022 09:18 AM | InvestorsObserver Analysts
EDC Blockchain (EDC) Receives a Very Bullish Rating Friday: Is it Time to Get on Board?

EDC Blockchain (EDC) gets a very bullish rating from InvestorsObserver Friday. The crypto is up 52.78% to $0.003667388966 while the broader crypto market is up 2.23%.

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

Very Bullish

Over the last five days, EDC Blockchain has earned a Very 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 five-day high of $0.00366745424646425. The crypto is 0.00% off its five-day high and is 184.28% higher than its five-day low of $0.00129007559735328.

EDC Blockchain price is currently above resistance. With support set around $0.00167399156052066 and resistance at $0.00281327124829782, EDC Blockchain is potentially in a volatile position if the rally burns out.

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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