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AMATEN (AMA) Rises 77.36%, Underperforms the Crypto Market Wednesday

Wednesday, March 09, 2022 02:54 PM | InvestorsObserver Analysts
AMATEN (AMA) Rises 77.36%, Underperforms the Crypto Market Wednesday

AMATEN (AMA) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has added 77.36% to $0.05322374568.

volatility - 79
InvestorsObserver is giving AMATEN a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on AMATEN!

Highly Volatile

InvestorsObserver gives AMATEN a high volatility rank of 79, placing it in the top 21% of cryptos on the market.

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

AMATEN price is trading above resistance. With support set at $0.0222207464232294 and resistance near $0.0455794267310946. This leaves AMATEN 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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