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ACCEL (ACCEL) Rises 8.19%, Outperforms the Crypto Market Wednesday

Wednesday, May 25, 2022 04:51 PM | InvestorsObserver Analysts
ACCEL (ACCEL) Rises 8.19%, Outperforms the Crypto Market Wednesday

ACCEL (ACCEL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has advanced 8.19% to $0.003010818679.

volatility - 84
InvestorsObserver is giving ACCEL a 84 Volatility Rank. Find out what this means to you and get the rest of the rankings on ACCEL!

Highly Volatile

InvestorsObserver gives ACCEL a high volatility rank of 84, placing it in the top 16% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. ACCEL's high volatility reading comes 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.

ACCEL price is trading above resistance. With support near $0.00267263939465593 and resistance set at $0.00290258922475587. This leaves ACCEL 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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