Ink Protocol (XNK) gets a very bullish rating from InvestorsObserver Monday. The token is up 1.57% to $0.0007130076551 while the broader crypto market is up 2.11%.
Ink Protocol has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Ink Protocol!
Very Bullish
Over the last five days, Ink Protocol has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Ink 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
Ink Protocol is currently trading near its five-day high of $0.000713250925436337. The token is 0.03% off its five-day high and is 11.32% higher than its five-day low of $0.000640508544165641.Ink Protocol price is currently above resistance. With support set around $0.000693244417422909 and resistance at $0.000711266498771954, Ink Protocol is potentially in a volatile position if the rally burns out.
Ink 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 Ink Protocol
