InvestorsObserver
×
News Home

Pendle (PENDLE) Rises 14.47% Wednesday: What's Next for This Very Bullish Rated Crypto?

Wednesday, August 31, 2022 09:17 AM | InvestorsObserver Analysts
Pendle (PENDLE) Rises 14.47% Wednesday: What's Next for This Very Bullish Rated Crypto?

Pendle (PENDLE) gets a very bullish rating from InvestorsObserver Wednesday. The crypto is up 14.47% to $0.06249367679 while the broader crypto market is up 0.22%.

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

Very Bullish

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

Pendle is currently trading near its five-day high of $0.0624936767898178. The crypto is 0.00% its five-day high and is 21.57% higher than its five-day low of $0.05140595510602.

Pendle price is currently above resistance. With support set around $0.0536902679671546 and resistance at $0.0555792509187957, Pendle is potentially in a volatile position if the rally burns out.

Pendle 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 Pendle

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App