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Golem (GLM) Receives a Very Bullish Rating Thursday: Is it Time to Get on Board?

Thursday, May 05, 2022 07:50 AM | InvestorsObserver Analysts
Golem (GLM) Receives a Very Bullish Rating Thursday: Is it Time to Get on Board?

Golem (GLM) gets a very bullish rating from InvestorsObserver Thursday. The token is up 15.4% to $0.4031251123 while the broader crypto market is up 1.99%.

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

Very Bullish

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

Golem is currently trading near its five-day high of $0.409206586526533. The token is 1.49% off its five-day high and is 23.82% higher than its five-day low of $0.32557600736618.

Golem price is currently above resistance. With support set around $0.336301521312372 and resistance at $0.365699962627069, Golem is potentially in a volatile position if the rally burns out.

Golem 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 Golem

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