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PRivaCY Coin (PRCY) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Monday: What's Next?

Monday, January 29, 2024 08:09 AM | InvestorsObserver Analysts
PRivaCY Coin (PRCY) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Monday: What's Next?

PRivaCY Coin (PRCY) gets a bearish rating from InvestorsObserver Monday. The Distributed Software Platform asset is down 19.16% to $0.0200489657 while the broader crypto market is down 0.64%.

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

Bearish

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

PRivaCY Coin is currently trading near its five-day low of $0.0117321070283651. The Distributed Software Platform asset is 99.01% off its five-day high and is 70.89% higher than its five-day low of $0.0117321070283651.

PRivaCY Coin price is well positioned between support and resistance. With support set around $-0.649161984770338 and resistance at $1.36, has some room to run before facing resistance.

PRivaCY Coin 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 coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

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 PRivaCY Coin

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