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What's Next for Very Bullish Rated Donut (DONUT)?

Friday, January 14, 2022 12:39 PM | InvestorsObserver Analysts
What's Next for Very Bullish Rated Donut (DONUT)?

Donut (DONUT) gets a very bullish rating from InvestorsObserver Friday. The token is up 7.98% to $0.005709140305 while the broader crypto market is up 0.78%.

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

Very Bullish

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

Donut is currently trading near its five-day high of $0.00571017233864685. The token is 0.02% off its five-day high and is 21.91% higher than its five-day low of $0.00468293018639088.

Donut price is currently above resistance. With support set around $0.00518909007225309 and resistance at $0.0054513290888456, Donut is potentially in a volatile position if the rally burns out.

Donut 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 Donut

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