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What's Next for Bearish Rated Teloscoin (TELOS)?

Wednesday, August 17, 2022 04:02 PM | InvestorsObserver Analysts
What's Next for Bearish Rated Teloscoin (TELOS)?

Teloscoin (TELOS) gets a bearish rating from InvestorsObserver Wednesday. The coin is down 2.61% to $0.002564110242 while the broader crypto market is down 2.03%.

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

Bearish

Over the last five days, Teloscoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Teloscoin 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

Teloscoin is currently trading near its midpoint for the past five-days. The coin is 42.04% off its five-day high and is 53.50% higher than its five-day low of $0.00167041085660458.

Teloscoin price is comfortably positioned between support and resistance. With support set around $0.00237602960672639 and resistance at $0.00289839400332831, has some room to run before facing resistance.

Teloscoin 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 Teloscoin

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