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Very Bullish-Rated Carbon (CRBN) Rises Wednesday to $0.2429935408

Wednesday, December 01, 2021 03:07 PM | InvestorsObserver Analysts
Very Bullish-Rated Carbon (CRBN) Rises Wednesday to $0.2429935408

Carbon (CRBN) gets a very bullish rating from InvestorsObserver Wednesday. The token is up 10.63% to $0.2429935408 while the broader crypto market is up 0.21%.

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

Very Bullish

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

Carbon price is currently above resistance. With support set around $0.205096694887657 and resistance at $0.231787476004143, Carbon is potentially in a volatile position if the rally burns out. Carbon has traded on low volume recently. This means that today's volume is below its average volume over the past seven days. Carbon has maintained a low reading on the InvestorsObserver Volatility Rank as it has faced low volatility relative to the crypto market during the past 60 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 Carbon

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