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CronaSwap (CRONA) Falls 0.14%, Underperforms the Crypto Market Wednesday

Wednesday, February 02, 2022 04:15 PM | InvestorsObserver Analysts
CronaSwap (CRONA) Falls 0.14%, Underperforms the Crypto Market Wednesday

CronaSwap (CRONA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has declined 14.32% to $0.2540409419.

volatility - 33
InvestorsObserver is giving CronaSwap a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on CronaSwap!

Moderately Volatile

InvestorsObserver gives CronaSwap a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. CRONA's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

CronaSwap price is trading near resistance. With support at $0.242432179870756 and resistance at $0.255051168623121. This leaves CronaSwap with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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