Neutra Finance (NEU) Rises 31.48%, Outperforms the Crypto Market Tuesday

Tuesday, April 18, 2023 07:27 AM | InvestorsObserver Analysts

Neutra Finance (NEU) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has increased 31.48% to $2.06.

InvestorsObserver is giving Neutra Finance a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on Neutra Finance!

Moderately Volatile

InvestorsObserver gives Neutra Finance a moderate volatility rank of 75, placing it in the top 25% of cryptos on the market.

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

Neutra Finance price is trading above resistance. With support around $1.41 and resistance set at $1.74. This positions Neutra Finance 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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