Cajutel (CAJ) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has added 1% to $1.31.
Low Volatility
InvestorsObserver gives Cajutel a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
CAJ’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.
Cajutel price is trading near resistance.is trading above resistance. With support at $1.29 and resistance around $1.31. This positions Cajutel with potential selling pressures ahead as it may be getting over extended.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.
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