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PAX Gold (PAXG) Receives a Bearish Rating Wednesday: Is it Time to Jump Ship?

Wednesday, September 27, 2023 06:22 PM | InvestorsObserver Analysts
PAX Gold (PAXG) Receives a Bearish Rating Wednesday: Is it Time to Jump Ship?

PAX Gold (PAXG) gets a bearish rating from InvestorsObserver Wednesday. The crypto is down 0.89% to $1883.21 while the broader crypto market is up 0.45%.

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

Bearish

Over the last five days, PAX Gold has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of PAX Gold 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

PAX Gold is currently trading near its five-day low of $1880.0345062172. The crypto is 2.06% off its five-day high and is 0.17% higher than its five-day low of $1880.03.

PAX Gold price is currently below support. With support set around $1896 and resistance at $1907.02, PAX Gold is potentially in volatile territory as selling pushes the crypto's price below recent support.

PAX Gold 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 PAX Gold

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