Mrweb Finance (AMA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 97.07% to $0.7078244214.
Moderately Volatile
InvestorsObserver gives Mrweb Finance a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
AMA’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Mrweb Finance price is trading above resistance. With support at $0.322406874075154 and resistance near $0.432082996740559. This leaves Mrweb Finance 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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