Aevo (AEVO) Rises 5.75%, Outperforms the Crypto Market Thursday
Thursday, March 28, 2024 12:25 PM | InvestorsObserver Analysts
Aevo (AEVO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has advanced 5.75% to $3.17.
InvestorsObserver is giving Aevo a 73 Volatility Rank. Find out what this means to you and get the rest of the rankings on Aevo!
InvestorsObserver gives Aevo a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.
The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.
AEVO's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Aevo price is well positioned going forward. With support around $2.38 and resistance near $3.66. This positions Aevo 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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