ASKO (ASKO) Falls 0.01%, Underperforms the Crypto Market Monday

Monday, July 17, 2023 11:26 AM | InvestorsObserver Analysts

ASKO (ASKO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has declined 1.46% to $0.000003825364229.

InvestorsObserver is giving ASKO a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on ASKO!

Highly Volatile

InvestorsObserver gives ASKO a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ASKO's high volatility reading is paired 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.

ASKO price is trading above resistance. With support near $0.0000037821619314169 and resistance near $0.0000038205335128847. This leaves ASKO 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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