ANON (ANON) Falls 0.67%, Underperforms the Crypto Market Saturday

Saturday, June 18, 2022 07:09 AM | InvestorsObserver Analysts

ANON (ANON) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has declined 67.15% to $0.00968992016.

InvestorsObserver is giving ANON a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on ANON!

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Highly Volatile

InvestorsObserver gives ANON a high volatility rank of 83, placing it in the top 17% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ANON's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

ANON price is in a favorable position going forward. With support at $0.00434345261207363 and resistance set at $0.0194479643647983. This leaves ANON with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.