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Wanchain (WAN) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Thursday: What's Next?

Thursday, April 21, 2022 12:37 PM | InvestorsObserver Analysts
Wanchain (WAN) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Thursday: What's Next?

Wanchain (WAN) gets a very bullish rating from InvestorsObserver Thursday. The Decentralized Finance asset is up 6.67% to $0.5014476535 while the broader crypto market is up 25.26%.

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

Very Bullish

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

Wanchain is currently trading near its five-day high of $0.501447653549199. The Decentralized Finance asset is 0.00% its five-day high and is 15.55% higher than its five-day low of $0.433982491493225.

Wanchain price is currently above resistance. With support set around $0.461255082175141 and resistance at $0.481407144352799, Wanchain is potentially in a volatile position if the rally burns out.

Wanchain 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 Wanchain

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