Ankr (ANKR) Down 0.09% Monday: What's Next?

Monday, January 10, 2022 09:43 AM | InvestorsObserver Analysts

Ankr (ANKR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Decentralized Finance has dropped 9.46% to $0.08320006214.

InvestorsObserver is giving Ankr a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ankr!

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Moderately Volatile

InvestorsObserver gives Ankr a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ANKR's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Ankr price is trading near resistance. With support at $0.0798399283268464 and resistance at $0.0832729174473298. This leaves Ankr with potential selling pressures ahead as it may be getting over extended.