Apollo Currency (APL) Up 24.7% Wednesday: What's Next?

Wednesday, March 27, 2024 02:20 PM | InvestorsObserver Analysts

Apollo Currency (APL) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the Digital Money has added 24.7% to $0.0000534488674.

InvestorsObserver is giving Apollo Currency a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Apollo Currency!

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Highly Volatile

InvestorsObserver gives Apollo Currency a high volatility rank of 86, placing it in the top 14% 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. APL's high volatility reading pairs 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.

Apollo Currency price is in a good position going forward. With support set at $0.0000156317414906099 and resistance around $0.000092775962485861. This positions Apollo Currency 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.