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Raven Protocol (RAVEN) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Friday: What's Next?

Friday, December 09, 2022 07:16 AM | InvestorsObserver Analysts
Raven Protocol (RAVEN) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Friday: What's Next?

Raven Protocol (RAVEN) gets a very bullish rating from InvestorsObserver Friday. The crypto is up 78.26% to $0.0004098460035 while the broader crypto market is up 2.22%.

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

Very Bullish

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

Raven Protocol is currently trading near its five-day high of $0.000409846003472765. The crypto is 0.00% its five-day high and is 111.77% higher than its five-day low of $0.000193531333934516.

Raven Protocol price is currently above resistance. With support set around $0.000184652712393948 and resistance at $0.00028405291630181, Raven Protocol is potentially in a volatile position if the rally burns out.

Raven Protocol 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 Raven Protocol

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