Umbrella Network (UMB) gets a very bullish rating from InvestorsObserver Wednesday. The token is up 8.1% to $0.2963247005 while the broader crypto market is up 1.89%.
Umbrella Network has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Umbrella Network!
Very Bullish
Over the last five days, Umbrella Network has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Umbrella 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
Umbrella Network is currently trading near its five-day high of $0.296324700496124. The token is 0.00% its five-day high and is 16.09% higher than its five-day low of $0.255262047052383.Umbrella Network price is currently above resistance. With support set around $0.263483130128067 and resistance at $0.286765330226105, Umbrella Network is potentially in a volatile position if the rally burns out.
Umbrella Network 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.
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