Tuesday, July 19, 2022 11:27 AM | InvestorsObserver Analysts
Alitas (ALT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has advanced 37.27% to $0.7099943393.
InvestorsObserver is giving Alitas a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Alitas!
InvestorsObserver gives Alitas a high volatility rank of 86, placing it in the top 14% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won't make or break its rank.
ALT'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.
Alitas price is trading above resistance. With support near $0.417855697256468 and resistance around $0.618552970272444. This leaves Alitas 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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