HEX (HEX) Rises 7.07% Friday: What's Next for This Neutral Rated Crypto?

Friday, December 03, 2021 07:20 AM | InvestorsObserver Analysts

HEX (HEX) gets a neutral rating from InvestorsObserver Friday. The token is up 7.07% to $0.1897255517 while the broader crypto market is up 1.99%.

HEX has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HEX!

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Neutral

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

HEX price is currently above resistance. With support set around $0.170361332007684 and resistance at $0.18661872238759, HEX is potentially in a volatile position if the rally burns out. HEX has traded on low volume recently. This means that today's volume is below its average volume over the past seven days. HEX has maintained a low reading on the InvestorsObserver Volatility Rank as it has faced low volatility relative to the crypto market during the past 60 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 HEX