DeFi Pulse Index (DPI) gets a very bullish rating from InvestorsObserver Monday. The token is up 16.01% to $103.86 while the broader crypto market is up 7.52%.
Very Bullish
Over the last five days, DeFi Pulse Index has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of DeFi Pulse Index 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 Pulse Index is currently trading near its five-day high of $103.861890722325. The token is 0.00% off its five-day high and is 20.98% higher than its five-day low of $85.85.
DeFi Pulse Index price is currently above resistance. With support set around $88.67 and resistance at $91.2, DeFi Pulse Index is potentially in a volatile position if the rally burns out.
DeFi Pulse Index 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 Pulse Index
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