ODIN PROTOCOL (ODIN) Rises 40.22%, Outperforms the Crypto Market Tuesday

Tuesday, May 02, 2023 12:57 PM | InvestorsObserver Analysts

ODIN PROTOCOL (ODIN) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Decentralized Finance has advanced 40.22% to $0.03495178043.

InvestorsObserver is giving ODIN PROTOCOL a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on ODIN PROTOCOL!
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Moderately Volatile

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

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ODIN's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

ODIN PROTOCOL price is trading above resistance. With support around $0.0196789134816595 and resistance set at $0.0343985710815855. This positions ODIN PROTOCOL out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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