Base Protocol (BASE) Falls 0.36%, Underperforms the Crypto Market Monday

Monday, March 14, 2022 07:23 AM | InvestorsObserver Analysts

Base Protocol (BASE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has fallen 36.05% to $1.82.

InvestorsObserver is giving Base Protocol a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Base Protocol!

Moderately Volatile

InvestorsObserver gives Base Protocol a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. BASE's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Base Protocol price is well positioned going forward. With support around $1.23 and resistance set at $2.65. This leaves Base Protocol 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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