What’s Next for Bearish NFTs (NFT)?

What’s Next for Bearish NFTs (NFT)?

NFT (NFT) gets a bearish rating from InvestorsObserver Sunday. The crypto market fell 2.66% to 0.00000055553869943 while the broader cryptocurrency market fell 4.27%.

NFT has a bearish sentiment reading. Find out what this means for you and download the rest of the rankings on NFT!

Bearish

Over the past five days, NFT has earned a bearish rating of InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of NFTs over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term insight into the recent performance of cryptocurrencies. This can be beneficial for both short-term investors looking to rally and long-term investors trying to buy the dip.

Price levels

NFT is currently trading near its midpoint of the past five days. The crypto is 6.16% off its 5-day high and 2.77% off its 5-day low of 0.000000540429709872115.

NFT price is currently below support. With support set around 0.000000555476873834747 and resistance at 0.000000579954047900143, NFT is potentially in volatile territory as selling pushes the cryptocurrency price below recent support.

NFT recently traded on low volume. This means that today’s volume is below the average volume of the past seven days.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

Due to the lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the NFT report

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