Friendz (FDZ) Falls 0.35%, Underperforms the Crypto Market Monday

Monday, March 20, 2023 05:54 PM | InvestorsObserver Analysts

Friendz (FDZ) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has dropped 35.18% to $0.00007022854475.

InvestorsObserver is giving Friendz a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Friendz!

Highly Volatile

InvestorsObserver gives Friendz a high volatility rank of 92, placing it in the top 8% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. FDZ'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.

Friendz price is in a good position going forward. With support near $0.0000340121130964007 and resistance at $0.0000893079284967143. This positions Friendz 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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