Databroker (DTX) Up 48.26% Thursday: What's Next?

Thursday, June 23, 2022 02:02 PM | InvestorsObserver Analysts

Databroker (DTX) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has increased 48.26% to $0.02281306466.

InvestorsObserver is giving Databroker a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on Databroker!

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Highly Volatile

InvestorsObserver gives Databroker a high volatility rank of 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. DTX'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.

Databroker price is trading above resistance. With support around $0.0110242500901799 and resistance at $0.021795258298574. This positions Databroker out of range and potentially in a volatile position if the rally burns out.