Floki Musk (FLOKI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 2.01% to $0.00000182683401.
Moderately Volatile
InvestorsObserver gives Floki Musk a moderate volatility rank of 58, placing it in the top 42% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
FLOKI’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.
Floki Musk price is in a good position going forward. With support around $0.00000169680387329165 and resistance around $0.00000190744057248551. This positions Floki Musk with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.