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SushiSwap (SUSHI) Receives a Neutral Rating Saturday: Is it Time to Jump Ship?

Saturday, January 01, 2022 07:16 PM | InvestorsObserver Analysts
SushiSwap (SUSHI) Receives a Neutral Rating Saturday: Is it Time to Jump Ship?

SushiSwap (SUSHI) gets a neutral rating from InvestorsObserver Saturday. The Art, Collectibles and Non-Fungible Tokens asset is down 3.35% to $9.13 while the broader crypto market is up 2.79%.

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

Neutral

Over the last five days, SushiSwap has earned a Neutral 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 midpoint for the past five-days. The Art, Collectibles and Non-Fungible Tokens asset is 13.95% off its five-day high and is 27.43% higher than its five-day low of $7.16.

SushiSwap price is currently below support. With support set around $9.19 and resistance at $9.59, SushiSwap is potentially in volatile territory as selling pushes the crypto's price below recent support.

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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