Patron (PAT) Falls 0.42%, Underperforms the Crypto Market Thursday

Thursday, January 20, 2022 08:01 PM | InvestorsObserver Analysts

Patron (PAT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has dropped 41.88% to $0.01693118684.

InvestorsObserver is giving Patron a 64 Volatility Rank. Find out what this means to you and get the rest of the rankings on Patron!

Moderately Volatile

InvestorsObserver gives Patron a moderate volatility rank of 64, placing it in the top 36% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. PAT's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Patron price is in a good position going forward. With support around $0.00808421051058948 and resistance around $0.0244634532735127. This leaves Patron 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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