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Hooked Protocol (HOOK) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Thursday: What's Next?

Thursday, February 29, 2024 08:01 AM | InvestorsObserver Analysts
Hooked Protocol (HOOK) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Thursday: What's Next?

Hooked Protocol (HOOK) gets a very bullish rating from InvestorsObserver Thursday. The Gaming asset is up 13.76% to $1.34 while the broader crypto market is up 4.88%.

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

Very Bullish

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

Hooked Protocol is currently trading near its five-day high of $1.34233409595873. The Gaming asset is 0.17% off its five-day high and is 34.73% higher than its five-day low of $0.994616031646729.

Hooked Protocol price is currently above resistance. With support set around $1.08 and resistance at $1.24, Hooked Protocol is potentially in a volatile position if the rally burns out.

Hooked Protocol 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 Hooked Protocol

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