Euro Coin (EUROC) Rises 0.47%, Underperforms the Crypto Market Tuesday

Tuesday, April 18, 2023 04:12 PM | InvestorsObserver Analysts

Euro Coin (EUROC) has been relatively less volatile compared to the crypto market. So far Tuesday, the Stablecoins has increased 0.47% to $1.1.

InvestorsObserver is giving Euro Coin a 4 Volatility Rank. Find out what this means to you and get the rest of the rankings on Euro Coin!

Low Volatility

InvestorsObserver gives Euro Coin a low volatility rank of 4, placing it in the bottom 4% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. EUROC's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Euro Coin price is trading above resistance. With support set at $1.09 and resistance around $1.1. This positions Euro Coin 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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