Echelon Prime (PRIME) Falls 0.04%, Underperforms the Crypto Market Monday

Monday, March 27, 2023 06:34 AM | InvestorsObserver Analysts

Echelon Prime (PRIME) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the Gaming has lost 3.56% to $1.54.

InvestorsObserver is giving Echelon Prime a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on Echelon Prime!

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Highly Volatile

InvestorsObserver gives Echelon Prime a high volatility rank of 76, placing it in the top 24% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. PRIME's high volatility reading is paired 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.

Echelon Prime price is trading near resistance. With support set at $1.47 and resistance at $1.55. This positions Echelon Prime with potential selling pressures ahead as it may be getting over extended.