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LABS Group (LABS) Receives a Very Bullish Rating Friday: Is it Time to Get on Board?

Friday, December 03, 2021 01:46 PM | InvestorsObserver Analysts
LABS Group (LABS) Receives a Very Bullish Rating Friday: Is it Time to Get on Board?

LABS Group (LABS) gets a very bullish rating from InvestorsObserver Friday. The Art, Collectibles and Non-Fungible Tokens asset is up 16.29% to $0.01039222575 while the broader crypto market is down 2.66%.

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

Very Bullish

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

LABS Group price is currently above resistance. With support set around $0.00816053273899417 and resistance at $0.00963148130847078, LABS Group is potentially in a volatile position if the rally burns out. LABS Group has traded on low volume recently. This means that today's volume is below its average volume over the past seven days. LABS Group 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 LABS Group

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