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Elysian (ELY) Falls 30.78% Tuesday: What's Next for This Bearish Rated Crypto?

Tuesday, December 21, 2021 08:16 PM | InvestorsObserver Analysts
Elysian (ELY) Falls 30.78% Tuesday: What's Next for This Bearish Rated Crypto?

Elysian (ELY) gets a bearish rating from InvestorsObserver Tuesday. The token is down 30.78% to $0.001362598132 while the broader crypto market is up 3.78%.

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

Bearish

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

Elysian is currently trading near its five-day low of $0.000813525577541441. The token is 59.07% off its five-day high and is 67.49% higher than its five-day low of $0.000813525577541441.

Elysian price is trading near support. With support set around $0.00121062124518491 and resistance at $0.00251546959763207, has plenty of space before hitting resistance.

Elysian 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 Elysian

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