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

Friday, March 29, 2024 10:11 AM | InvestorsObserver Analysts
SushiSwap (SUSHI) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Friday: What's Next?

SushiSwap (SUSHI) gets a very bullish rating from InvestorsObserver Friday. The Art, Collectibles and Non-Fungible Tokens asset is up 5.94% to $1.88 while the broader crypto market is down 0.26%.

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

Very Bullish

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

SushiSwap is currently trading near its five-day high of $1.8821389965095. The Art, Collectibles and Non-Fungible Tokens asset is 0.11% off its five-day high and is 13.88% higher than its five-day low of $1.65.

SushiSwap price is currently above resistance. With support set around $1.72 and resistance at $1.84, SushiSwap is potentially in a volatile position if the rally burns out.

SushiSwap 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 SushiSwap

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