Bullish Illuvium (ILV) is up over 12% | Will the June 2nd Land Sale Help It Rise?

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Bullish Illuvium (ILV) is up over 12% | Will the June 2nd Land Sale Help It Rise?

Monday, May 30, 2022 05:09 PM | InvestorsObserver Analysts

Very Bullish-Rated Illuvium (ILV) Rises Monday to $304.09

Illuvium (ILV) gets a very bullish rating from InvestorsObserver Monday. The crypto is up 12.72% to $304.09 while the broader crypto market is up 6.82%. Land sale starts June 2nd so number could increase and buzz continues. Worth watching this token to see how the week goes.

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Sentiment Score - ,

Illuvium has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Illuvium!See Full Report

Very Bullish

Over the last five days, Illuvium has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Illuvium 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.

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Price Levels

Illuvium is currently trading near its five-day high of $304.093673937417. The crypto is 0.00% off its five-day high and is 19.74% higher than its five-day low of $253.97.

Illuvium price is currently above resistance. With support set around $263.7 and resistance at $275.34, Illuvium is potentially in a volatile position if the rally burns out.

Illuvium 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.

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