Aeron (ARNX) Rises 5.59%, Outperforms the Crypto Market Friday

Friday, June 24, 2022 12:33 PM | InvestorsObserver Analysts

Aeron (ARNX) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has advanced 5.59% to $0.007819323874.

InvestorsObserver is giving Aeron a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Aeron!

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Highly Volatile

InvestorsObserver gives Aeron a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ARNX's high volatility reading is coupled 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 $0.00570677194493896 and resistance at $0.0105963383962501. This leaves Aeron with room to run before facing selling pressures.