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Enigma (ENG) Down 0.33% Friday: What's Next?

Friday, January 07, 2022 04:51 PM | InvestorsObserver Analysts
Enigma (ENG) Down 0.33% Friday: What's Next?

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.

volatility - 74
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.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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