ERC20 (ERC20) Down 0.35% Friday: What's Next?

Friday, March 29, 2024 09:25 AM | InvestorsObserver Analysts

ERC20 (ERC20) has been relatively more volatile compared to the crypto market. So far Friday, the Art, Collectibles and Non-Fungible Tokens has lost 34.5% to $0.1026762756.

InvestorsObserver is giving ERC20 a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on ERC20!

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Highly Volatile

InvestorsObserver gives ERC20 a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ERC20's high volatility reading pairs 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.

ERC20 price is in a good position going forward. With support around $-0.0122742559321102 and resistance near $0.197025928690297. This leaves ERC20 with room to run before facing selling pressures.