ARAW (ARAW) Falls 0.92%, Underperforms the Crypto Market Friday

Friday, September 22, 2023 03:20 PM | InvestorsObserver Analysts

ARAW (ARAW) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has dropped 92.23% to $0.00001597462901.

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

Highly Volatile

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

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ARAW'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.

ARAW price is in a good position going forward. With support near $-0.000055781328908234 and resistance at $0.000144118676191828. This positions ARAW 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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