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Color Platform (CLR) Falls 0.34%, Underperforms the Crypto Market Friday

Friday, January 14, 2022 02:40 PM | InvestorsObserver Analysts
Color Platform (CLR) Falls 0.34%, Underperforms the Crypto Market Friday

Color Platform (CLR) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has fallen 34% to $0.003301227202.

volatility - 90
InvestorsObserver is giving Color Platform a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on Color Platform!

Highly Volatile

InvestorsObserver gives Color Platform a high volatility rank of 90, placing it in the top 10% of cryptos on the market.

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

Color Platform price is in a good position going forward. With support set at $0.00223200825551948 and resistance near $0.00486451211894355. This leaves Color Platform 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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