Ormeus Coin (ORMEUS) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Payment Tokens has advanced 158.98% to $0.00170013475.
Highly Volatile
InvestorsObserver gives Ormeus Coin a high volatility rank of 98, placing it in the top 2% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
ORMEUS’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.
Ormeus Coin price is trading above resistance. With support around $0.000307418162551588 and resistance around $0.0013530215840683. This positions Ormeus Coin 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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