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Cryptocurrency News Articles
ZUM Token Dives, Earns 'Very Bearish' Investor Assessment
Mar 27, 2024 at 08:20 am
ZUM TOKEN (ZUM) faces a bleak outlook with a Very Bearish rating from InvestorsObserver. The token plummeted by 55.22% to $0.000002080349902, contrasting the broader crypto market's decline of 0.96%. This unfavorable rating stems from ZUM TOKEN's recent underperformance in both volume and price movement.
ZUM Token Plunges, Earning 'Very Bearish' Investor Rating
ZUM TOKEN (ZUM) has received a strongly negative rating from InvestorsObserver on Wednesday, with a significant decline of 55.22% to $0.000002080349902. This marked downturn comes amid a broader crypto market decline of 0.96%.
Bearish Sentiment Score
Over the past five days, ZUM TOKEN has garnered a "Very Bearish" rating on the InvestorsObserver Sentiment Score, which gauges the cryptocurrency's performance based on volume and price fluctuations. This score offers a short-term glimpse into the token's recent trajectory and can inform strategic decisions for investors with varying time horizons.
Price Levels and Support
Currently, ZUM TOKEN is trading near its five-day low of $0.000000652837311242303. This level represents a 93.95% decline from its five-day high and a 218.66% increase from its five-day low.
Technical analysts note that ZUM TOKEN is currently trading near a support level of approximately $-0.00000525531931826348. Resistance is encountered at $0.000024447706711629, providing ample room before a potential reversal.
Low Volume Trading
Recent trading activity in ZUM TOKEN has been characterized by low volume, indicating that today's volume is below the average volume witnessed over the past seven days.
Token Characteristics
Tokens are digital assets that reside on the blockchain of another cryptocurrency. This dependency may introduce additional risk exposure for investors.
Data Limitations
Due to insufficient data availability, ZUM TOKEN may not be suitable for all investor profiles.
Unveiling the Full Report
Interested parties can access the comprehensive report on ZUM TOKEN by clicking the provided link.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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