Enigma (ENG) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has lost 42.42% to $0.01693914202.
InvestorsObserver is giving Enigma a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on Enigma!
Highly Volatile
InvestorsObserver gives Enigma a high volatility rank of 90, placing it in the top 10% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ENG'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.
Enigma price is in a favorable position going forward. With support near $0.00852961373618157 and resistance around $0.0241998890518239. This leaves Enigma with room to run before facing selling pressures.
