NFTify (N1) has been relatively more volatile compared to the crypto market. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has gained 5.89% to $0.04028923682.
InvestorsObserver is giving NFTify a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on NFTify!
Highly Volatile
InvestorsObserver gives NFTify a high volatility rank of 99, placing it in the top 1% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. N1's high volatility reading is coupled 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.
NFTify price is trading above resistance. With support near $0.0367098521908599 and resistance set at $0.0401296612342674. This leaves NFTify out of range and potentially in a volatile position if the rally burns out.