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Aeron (ARNX) Falls 0.22%, Underperforms the Crypto Market Saturday

Saturday, January 08, 2022 06:22 PM | InvestorsObserver Analysts
Aeron (ARNX) Falls 0.22%, Underperforms the Crypto Market Saturday

Aeron (ARNX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has dropped 22.2% to $0.006453000488.

volatility - 98
InvestorsObserver is giving Aeron a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Aeron!

Highly Volatile

InvestorsObserver gives Aeron a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. ARNX's high volatility reading is paired 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.

Aeron price is in a favorable position going forward. With support set at $0.00345970246137052 and resistance around $0.00786925827280551. This leaves Aeron 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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