Flamengo Fan Token (MENGO) gets a bullish rating from InvestorsObserver Wednesday. The Sports and Fan Tokens asset is up 28.4% to $0.3598044242 while the broader crypto market is down 3.81%.
Flamengo Fan Token has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Flamengo Fan Token!
Bullish
Over the last five days, Flamengo Fan Token has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Flamengo Fan Token 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
Flamengo Fan Token is currently trading near its five-day high of $0.398155273766565. The Sports and Fan Tokens asset is 9.63% off its five-day high and is 77.10% higher than its five-day low of $0.203161656856537.Flamengo Fan Token price is currently above resistance. With support set around $0.258182438617868 and resistance at $0.310588839059991, Flamengo Fan Token is potentially in a volatile position if the rally burns out.
Flamengo Fan Token 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 Flamengo Fan Token
