Ekta (EKTA) Rises 6.78%, Outperforms the Crypto Market Sunday

Sunday, August 07, 2022 06:20 PM | InvestorsObserver Analysts

Ekta (EKTA) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the crypto has gained 6.78% to $0.5638777527.

InvestorsObserver is giving Ekta a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ekta!

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Low Volatility

InvestorsObserver gives Ekta a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. EKTA's low volatility reading comes 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.

Ekta price is trading above resistance. With support around $0.479738228864946 and resistance set at $0.552350723095216. This positions Ekta out of range and potentially in a volatile position if the rally burns out.