Parachute (PAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Payment Tokens has gained 0.71% to $0.0004613984992.
InvestorsObserver is giving Parachute a 54 Volatility Rank. Find out what this means to you and get the rest of the rankings on Parachute!
Moderately Volatile
InvestorsObserver gives Parachute a moderate volatility rank of 54, placing it in the top 46% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. PAR'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.
Parachute price is in a good position going forward. With support around $0.000446982006222402 and resistance set at $0.00046856822996067. This positions Parachute with room to run before facing selling pressures.