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BOOM (BOOM) Rises 0.07%, Underperforms the Crypto Market Thursday

Thursday, April 28, 2022 06:52 PM | InvestorsObserver Analysts
BOOM (BOOM) Rises 0.07%, Underperforms the Crypto Market Thursday

BOOM (BOOM) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has added 0.07% to $0.003473360585.

volatility - 2
InvestorsObserver is giving BOOM a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on BOOM!

Low Volatility

InvestorsObserver gives BOOM a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. BOOM's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

BOOM price is in a good position going forward. With support set at $0.00345615295157862 and resistance near $0.00348227678262723. This leaves BOOM with room to run before facing selling pressures.

What is a Token?

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

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