DeFi Bids (BID) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Monday: What’s Next?

DeFi Bids (BID) gets a bearish rating from InvestorsObserver Monday. The Art, Collectibles and Non-Fungible Tokens asset is down 55.15% to $0.008967432211 while the broader crypto market is down 3.86%.

DeFi Bids has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DeFi Bids!

Bearish

Over the last five days, DeFi Bids has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of DeFi Bids 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

DeFi Bids is currently trading near its five-day low of $0.00849906999052925. The Art, Collectibles and Non-Fungible Tokens asset is 55.19% off its five-day high and is 5.51% higher than its five-day low of $0.00849906999052925.

DeFi Bids price is currently below support. With support set around $0.012398076686425 and resistance at $0.0238010915698241, DeFi Bids is potentially in volatile territory as selling pushes the crypto’s price below recent support.

DeFi Bids 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.

Click here to unlock the rest of the report on DeFi Bids

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