Internet Computer (ICP) has earned a neutral rating from InvestorsObserver Wednesday. The Distributed Software Platform asset rose 8.46% to $8.16 while the broader crypto market rose 3.12%.
In the last five days, Internet Computer has earned a Neutral rating of InvestorsObserver Sentiment Score. The Sentiment Score measures Internet Computer’s performance over the past five days through volume and price action.
The Sentiment Score provides a quick, concise overview of recent crypto performance. This can be useful for short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Internet Computer is currently trading near its midpoint of the past five days. The Distributed Software Platform asset is 16.46% off its five-day high and 16.44% higher than its five-day low of $7.01.
Internet Computer prices are now above resistance. With support set around $7.22 and resistance at $8.12, Internet Computer is likely to be in a vulnerable position should the rally catch fire.
Internet Computer has been trading at low volume recently. This means that the number today is below its average number for the past seven days.
What is a coin?
A coin is a cryptocurrency that is on its own blockchain. It is mainly used for payment. Depending on the cryptocurrency, what payments are used for can vary from a general use in the Digital Money sub-class to a more specific use in other sub-classes.
Due to the lack of data, this crypto may not be very suitable for some investors.
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