NanoByte Token (NBT) Falls 0%, Underperforms the Crypto Market Tuesday

Tuesday, June 20, 2023 06:44 AM | InvestorsObserver Analysts

NanoByte Token (NBT) has been relatively less volatile compared to the crypto market. So far Tuesday, the crypto has fallen 0.25% to $0.002721916427.

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

Low Volatility

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

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. NBT's low volatility reading is coupled 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.

NanoByte Token price is trading near resistance. With support at $0.0027170225615071 and resistance near $0.00272241771318185. This positions NanoByte Token with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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