Cajutel (CAJ) Falls 0.25%, Underperforms the Crypto Market Tuesday

Tuesday, June 06, 2023 12:28 PM | InvestorsObserver Analysts

Cajutel (CAJ) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has declined 25.44% to $0.7390991043.

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

Highly Volatile

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

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. CAJ's high volatility reading comes 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.

Cajutel price is in a favorable position going forward. With support at $0.165000190957073 and resistance at $1.31. This positions Cajutel 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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