Factom (FCT) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 56.63% to $0.4147016481 while the broader crypto market is down 1.16%.
Factom has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Factom!
Bullish
Over the last five days, Factom has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Factom 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
Factom is currently trading near its five-day high of $0.433872144917847. The crypto is 4.42% off its five-day high and is 58.58% higher than its five-day low of $0.261504501104355.Factom price is currently above resistance. With support set around $0.207183883848955 and resistance at $0.376670734349062, Factom is potentially in a volatile position if the rally burns out.
Factom 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.
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