Edgeless (EDG) Rises 37.13%, Outperforms the Crypto Market Wednesday

Wednesday, July 13, 2022 04:34 PM | InvestorsObserver Analysts

Edgeless (EDG) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the Gaming has advanced 37.13% to $0.0198331613.

InvestorsObserver is giving Edgeless a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Edgeless!

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Highly Volatile

InvestorsObserver gives Edgeless a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. EDG'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.

Edgeless price is trading above resistance. With support set at $0.0121590623515914 and resistance set at $0.0190485183033417. This positions Edgeless out of range and potentially in a volatile position if the rally burns out.