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ACoconut (AC) Up 10.9% Friday: What's Next?

Friday, February 04, 2022 12:04 PM | InvestorsObserver Analysts
ACoconut (AC) Up 10.9% Friday: What's Next?

ACoconut (AC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has gained 10.9% to $0.143147532.

volatility - 18
InvestorsObserver is giving ACoconut a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on ACoconut!

Low Volatility

InvestorsObserver gives ACoconut a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. AC's low volatility reading is coupled 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.

ACoconut price is trading above resistance. With support around $0.125894747818341 and resistance around $0.132949583376279. This positions ACoconut 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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