Ormeus Coin (ORMEUS) Falls 0%, Underperforms the Crypto Market Monday

Monday, April 10, 2023 04:22 PM | InvestorsObserver Analysts

Ormeus Coin (ORMEUS) has been relatively more volatile compared to the crypto market. So far Monday, the Payment Tokens has declined 0.15% to $0.0008795685592.

InvestorsObserver is giving Ormeus Coin a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ormeus Coin!

Highly Volatile

InvestorsObserver gives Ormeus Coin a high volatility rank of 97, placing it in the top 3% 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. ORMEUS'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.

Ormeus Coin price is favorably positioned going forward. With support at $-0.000326166650272686 and resistance around $0.00328894021316267. This positions Ormeus Coin 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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