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Niftyx Protocol (SHROOM) Receives a Very Bullish Rating Monday: Is it Time to Get on Board?

Monday, January 03, 2022 01:36 PM | InvestorsObserver Analysts
Niftyx Protocol (SHROOM) Receives a Very Bullish Rating Monday: Is it Time to Get on Board?

Niftyx Protocol (SHROOM) gets a very bullish rating from InvestorsObserver Monday. The crypto is up 26.1% to $0.451845428 while the broader crypto market is up 0.11%.

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

Very Bullish

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

Niftyx Protocol is currently trading near its five-day high of $0.453954443561693. The crypto is 0.46% off its five-day high and is 85.58% higher than its five-day low of $0.243476897478104.

Niftyx Protocol price is currently above resistance. With support set around $0.308844196209672 and resistance at $0.426120983967545, Niftyx Protocol is potentially in a volatile position if the rally burns out.

Niftyx 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 Niftyx Protocol

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