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Tezos Elamachain (ELAMA) Falls 28.57% Saturday: What’s Next for This Bearish Rated Crypto?
Elamachain (ELAMA) gets a bearish rating from InvestorsObserver Saturday. The crypto is down 28.57% to $0.0001000231101 while the broader crypto market is down 0.89%.
Elamachain has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Elamachain!
Bearish
Over the last five days, Elamachain has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Elamachain 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
Elamachain is currently trading near its five-day low of $0.000100017072241023. The crypto is 62.97% off its five-day high and is 0.01% higher than its five-day low of $0.000100017072241023.
Elamachain price is trading near support. With support set around $0.0000966690745044401 and resistance at $0.000226724357584295, has plenty of space before hitting resistance.
Elamachain 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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Read More: Elamachain (ELAMA) Falls 28.57% Saturday: What’s Next for This Bearish Rated Crypto?
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