WAX (WAXP) gets a bearish rating from InvestorsObserver Tuesday. The crypto is down 3.24% to $0.08277997268 while the broader crypto market is down 3.13%.
WAX has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WAX!
Bearish
Over the last five days, WAX has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of WAX 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
WAX is currently trading near its five-day low of $0.075601927818955. The crypto is 36.12% off its five-day high and is 9.49% higher than its five-day low of $0.075601927818955.WAX price is well positioned between support and resistance. With support set around $0.0775761325368754 and resistance at $0.0947253052601687, has some room to run before facing resistance.
WAX 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 WAX
