What's Next for Bullish Rated Cortex (CTXC)?

Friday, December 03, 2021 12:37 PM | InvestorsObserver Analysts

Cortex (CTXC) gets a bullish rating from InvestorsObserver Friday. The crypto is up 324.26% to $1.04 while the broader crypto market is down 3.07%.

Cortex has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Cortex!

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Bullish

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

Cortex price is currently above resistance. With support set around $0.175461006388004 and resistance at $0.342062068208987, Cortex is potentially in a volatile position if the rally burns out. Cortex has traded on moderate volume recently. This means that today's volume is in line with its average volume during the past seven days. Cortex 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 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 Cortex