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Numeraire (NMR) Receives a Very Bullish Rating Tuesday: Is it Time to Get on Board?

Tuesday, June 28, 2022 03:29 PM | InvestorsObserver Analysts
Numeraire (NMR) Receives a Very Bullish Rating Tuesday: Is it Time to Get on Board?

Numeraire (NMR) gets a very bullish rating from InvestorsObserver Tuesday. The crypto is up 26.75% to $11.27 while the broader crypto market is down 1.89%.

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

Very Bullish

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

Numeraire is currently trading near its five-day high of $11.4234536761814. The crypto is 1.34% off its five-day high and is 41.70% higher than its five-day low of $7.95.

Numeraire price is currently above resistance. With support set around $8.69 and resistance at $9.22, Numeraire is potentially in a volatile position if the rally burns out.

Numeraire 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 Numeraire

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