Celo Euro (CEUR) has been relatively less volatile compared to the crypto market. So far Monday, the Stablecoins has fallen 0.04% to $0.9898168795.
Low Volatility
InvestorsObserver gives Celo Euro a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
CEUR’s low volatility reading pairs 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.
Celo Euro price is in a good position going forward. With support around $0.984087455059919 and resistance at $0.996496009613905. This positions Celo Euro with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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