PREMA (PRMX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has increased 50.45% to $0.000003706773588.
InvestorsObserver is giving PREMA a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on PREMA!
Highly Volatile
InvestorsObserver gives PREMA a high volatility rank of 85, placing it in the top 15% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. PRMX's high volatility reading is coupled 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.
PREMA price is trading above resistance. With support at $0.00000207412169032767 and resistance set at $0.00000316707011364786. This leaves PREMA out of range and potentially in a volatile position if the rally burns out.