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Polytrade (TRADE) Rises 21.4% Sunday: What's Next for This Very Bullish Rated Crypto?

Sunday, December 03, 2023 10:09 AM | InvestorsObserver Analysts
Polytrade (TRADE) Rises 21.4% Sunday: What's Next for This Very Bullish Rated Crypto?

Polytrade (TRADE) gets a very bullish rating from InvestorsObserver Sunday. The Decentralized Finance asset is up 21.4% to $0.8358339638 while the broader crypto market is up 1.9%.

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

Very Bullish

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

Polytrade is currently trading near its five-day high of $0.840259224214402. The Decentralized Finance asset is 0.53% off its five-day high and is 110.02% higher than its five-day low of $0.397986441850662.

Polytrade price is currently above resistance. With support set around $0.656302806953798 and resistance at $0.732017395119082, Polytrade is potentially in a volatile position if the rally burns out.

Polytrade 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 Polytrade

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