Raiden Network Token (RDN) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 22.64% to $0.6125091933 while the broader crypto market is up 1.98%.
Bullish
Over the last five days, Raiden Network Token has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Raiden Network Token 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
Raiden Network Token is currently trading near its five-day high of $0.660895168781281. The crypto is 7.32% off its five-day high and is 39.83% higher than its five-day low of $0.438044905662537.
Raiden Network Token price is currently above resistance. With support set around $0.463987247062806 and resistance at $0.531881050182466, Raiden Network Token is potentially in a volatile position if the rally burns out.
Raiden Network Token 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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