DeFi Yield Protocol (DYP) gets a bullish rating from InvestorsObserver Saturday. The Decentralized Finance asset is up 8.4% to $0.1608086786 while the broader crypto market is down 0.5%.
Bullish
Over the last five days, DeFi Yield Protocol has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of DeFi Yield Protocol 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 Yield Protocol is currently trading near its midpoint for the past five-days. The Decentralized Finance asset is 2.76% off its five-day high and is 9.12% higher than its five-day low of $0.147368580102921.
DeFi Yield Protocol price is currently above resistance. With support set around $0.145892085833695 and resistance at $0.152277322812226, DeFi Yield Protocol is potentially in a volatile position if the rally burns out.
DeFi Yield Protocol 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.
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