WAX (WAXP) Has a Bullish Sentiment Score, Rises, Outperforms the Crypto Market on Sunday: What’s Next?

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WAX (WAXP) gets a bullish rating of InvestorsObserver Sunday. The crypto is up 9.14% at $0.1371774668 while the broader crypto market is up 1.66%.

WAX has a bullish sentiment reading. Find out what this means for you and get the rest of the ranking on WAX!

Bullish

Over the past five days, WAX has had a bullish rating on the InvestorsObserver Sentiment score. The Sentiment Score measures the performance of WAX over the past five days in volume and price movement.

The Sentiment Score provides a quick, short-term snapshot of recent crypto performance. This can be useful for both short-term investors looking to take advantage of a rally and longer-term investors trying to buy the dip.

Price levels

WAX is currently trading near its five-day high of $0.139576139743317. The crypto is 1.72% off its five-day high and 23.15% higher than its five-day low of 0.111389100551605.

The price of WAX is currently above the resistance. With support pegged around $0.120355031362041 and resistance at $0.129466592243179, WAX is potentially in a volatile position if the rally fizzles out.

WAX has been trading at low volume recently. This means that today’s volume is lower than its average volume for the last seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are generally used for payments. Depending on the cryptocurrency, the use of these payments can vary from general use in the digital currency subclass to more specific use in certain other subclasses.

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

Click here to unlock the rest of the report on WAX

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