DeepOnion (ONION) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the Digital Money has declined 31.78% to $0.0500541037.
InvestorsObserver is giving DeepOnion a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on DeepOnion!
Highly Volatile
InvestorsObserver gives DeepOnion a high volatility rank of 87, placing it in the top 13% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. ONION's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
DeepOnion price is favorably positioned going forward. With support at $0.0322590161801272 and resistance at $0.0585402873099737. This leaves DeepOnion with room to run before facing selling pressures.