Enigma (ENG) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has fallen 32.64% to $0.05416610231.
InvestorsObserver is giving Enigma a 74 Volatility Rank. Find out what this means to you and get the rest of the rankings on Enigma!
Moderately Volatile
InvestorsObserver gives Enigma a moderate volatility rank of 74, placing it in the top 26% of cryptos on the market.The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ENG'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.
Enigma price is in a good position going forward. With support around $0.0315969278267585 and resistance near $0.071024696265813. This leaves Enigma with room to run before facing selling pressures.