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What's Next for Bearish Rated yAxis (YAXIS)?

Thursday, July 07, 2022 12:06 PM | InvestorsObserver Analysts
What's Next for Bearish Rated yAxis (YAXIS)?

yAxis (YAXIS) gets a bearish rating from InvestorsObserver Thursday. The Decentralized Finance asset is up 6.09% to $0.01816852841 while the broader crypto market is up 5.58%.

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

Bearish

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

yAxis is currently trading near its five-day low of $0.0160514544695616. The Decentralized Finance asset is 96.98% off its five-day high and is 13.19% higher than its five-day low of $0.0160514544695616.

yAxis price is comfortably positioned between support and resistance. With support set around $-0.177729419783541 and resistance at $0.406815298481993, has some room to run before facing resistance.

yAxis 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 yAxis

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