Mirrored Apple (mAAPL) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Wrapped Tokens has advanced 0.99% to $174.06.
Low Volatility
InvestorsObserver gives Mirrored Apple a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.
The Volatility Gauge tracks the previous 60 days, meaning that one day won’t make or break the score.
mAAPL’s low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Mirrored Apple price is trading above resistance. With support around $171.05 and resistance set at $173.8. This leaves Mirrored Apple out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
