Is the Chiacoin (XCH) eco-crypto on its way to $100? Chia just received a very bullish rating from InvestorsObserver on Tuesday. Despite the overall crypto space remaining on a downtrend of 2.84%, Chia is up 10.52% to $88.28.
Very Bullish
Over the last five days, Chia has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Chia 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
Chia is currently trading near its five-day high of $88.2814239691301. The crypto is 0.00% off its five-day high and is 13.37% higher than its five-day low of $77.87.
Chia price is currently above resistance. With support set around $78.47 and resistance at $80.87, Chia is potentially in a volatile position if the rally burns out.
Chia 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 Coin?
A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.
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