Zap (ZAP) Rises 22.99%, Outperforms the Crypto Market Friday

Friday, November 17, 2023 05:46 PM | InvestorsObserver Analysts

Zap (ZAP) has been relatively more volatile compared to the crypto market. So far Friday, the Decentralized Finance has increased 22.99% to $0.001965518219.

InvestorsObserver is giving Zap a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on Zap!

Highly Volatile

InvestorsObserver gives Zap a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. ZAP'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.

Zap price is trading above resistance. With support at $0.00157316862924982 and resistance near $0.00164604881166506. This positions Zap out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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