AMLT (AMLT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has gained 41.33% to $0.006371950457.
Highly Volatile
InvestorsObserver gives AMLT a high volatility rank of 88, placing it in the top 12% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
AMLT’s high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
AMLT price is trading above resistance. With support around $0.0037658662661638 and resistance at $0.00598311015737316. This positions AMLT 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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