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EOS (EOS) Down 0% Saturday: What's Next?

Saturday, April 01, 2023 10:31 AM | InvestorsObserver Analysts
EOS (EOS) Down 0% Saturday: What's Next?

EOS (EOS) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has dropped 0.2% to $1.19.

volatility - 31
InvestorsObserver is giving EOS a 31 Volatility Rank. Find out what this means to you and get the rest of the rankings on EOS!

Moderately Volatile

InvestorsObserver gives EOS a moderate volatility rank of 31, placing it in the bottom 31% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. EOS's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

EOS price is favorably positioned going forward. With support around $1.17 and resistance around $1.21. This leaves EOS with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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