Circuits of Value (COVAL), Moderate Volatility and Rising Monday: Is it Time to Cash Out?

Monday, April 01, 2024 11:03 AM | InvestorsObserver Analysts

Circuits of Value (COVAL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Art, Collectibles and Non-Fungible Tokens has advanced 6.14% to $0.03252743177.

InvestorsObserver is giving Circuits of Value a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Circuits of Value!

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Moderately Volatile

InvestorsObserver gives Circuits of Value a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. COVAL's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Circuits of Value price is trading above resistance. With support at $0.0297582513341881 and resistance set at $0.0319192140052295. This leaves Circuits of Value out of range and potentially in a volatile position if the rally burns out.