Loom Network (LOOM) gets a very bullish rating from InvestorsObserver Tuesday. The crypto is up 12.03% to $0.05892477578 while the broader crypto market is up 0.89%.
Loom Network has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Loom Network!
Very Bullish
Over the last five days, Loom Network has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Loom Network 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
Loom Network is currently trading near its five-day high of $0.0589247757774774. The crypto is 0.00% its five-day high and is 26.18% higher than its five-day low of $0.0467002727091312.Loom Network price is currently above resistance. With support set around $0.0503393682516547 and resistance at $0.0556172217107745, Loom Network is potentially in a volatile position if the rally burns out.
Loom Network has traded on moderate volume recently. This means that today's volume is in line with its average volume during 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.
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