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ImageCoin (IMG) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Monday: What's Next?

Monday, May 02, 2022 05:38 PM | InvestorsObserver Analysts
ImageCoin (IMG) has a Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Monday: What's Next?

ImageCoin (IMG) gets a bullish rating from InvestorsObserver Monday. The crypto is up 77.25% to $0.006178573394 while the broader crypto market is up 0.86%.

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

Bullish

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

ImageCoin is currently trading near its midpoint for the past five-days. The crypto is 30.19% off its five-day high and is 128.66% higher than its five-day low of $0.00270205992273986.

ImageCoin price is currently above resistance. With support set around $0.00215678970080831 and resistance at $0.00565150711436786, ImageCoin is potentially in a volatile position if the rally burns out.

ImageCoin 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 coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

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 ImageCoin

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