FUZE Token (FUZE) Falls 0.26%, Underperforms the Crypto Market Saturday

Saturday, June 24, 2023 05:49 PM | InvestorsObserver Analysts

FUZE Token (FUZE) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has lost 26% to $7.82.

InvestorsObserver is giving FUZE Token a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on FUZE Token!

Highly Volatile

InvestorsObserver gives FUZE Token a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. FUZE'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.

FUZE Token price is in a good position going forward. With support near $5.71 and resistance near $8.9. This positions FUZE Token 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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