PLANET (PLA) Falls 0.01%, Outperforms the Crypto Market Friday

Friday, March 10, 2023 11:53 AM | InvestorsObserver Analysts

PLANET (PLA) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has lost 1.2% to $0.002734384924.

InvestorsObserver is giving PLANET a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on PLANET!

Highly Volatile

InvestorsObserver gives PLANET a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. PLA's high volatility reading pairs 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.

PLANET price is in a good position going forward. With support set at $0.00199968993269684 and resistance set at $0.00308810974542828. This positions PLANET 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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