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Cornichon (CORN) Falls 0%, Underperforms the Crypto Market Friday

Friday, April 08, 2022 06:05 AM | InvestorsObserver Analysts
Cornichon (CORN) Falls 0%, Underperforms the Crypto Market Friday

Cornichon (CORN) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has declined 0.03% to $0.08144176541.

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

Low Volatility

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

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. CORN's low volatility reading is coupled 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.

Cornichon price is in a favorable position going forward. With support near $0.0813518137835967 and resistance set at $0.0815062196158874. This leaves Cornichon 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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