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Ignis (IGNIS) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Friday: What's Next?

Friday, June 03, 2022 11:22 AM | InvestorsObserver Analysts
Ignis (IGNIS) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Friday: What's Next?

Ignis (IGNIS) gets a bullish rating from InvestorsObserver Friday. The Payment Tokens asset is up 1.98% to $0.008263123647 while the broader crypto market is down 2.66%.

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

Bullish

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

Ignis is currently trading near its five-day high of $0.00832426465972028. The Payment Tokens asset is 0.73% off its five-day high and is 7.21% higher than its five-day low of $0.00770749757066369.

Ignis price is currently above resistance. With support set around $0.0080115723378059 and resistance at $0.00818692734008995, Ignis is potentially in a volatile position if the rally burns out.

Ignis 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 Ignis

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