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Eroscoin (ERO) Falls 0.06%, Outperforms the Crypto Market Monday

Monday, January 24, 2022 06:17 AM | InvestorsObserver Analysts
Eroscoin (ERO) Falls 0.06%, Outperforms the Crypto Market Monday

Eroscoin (ERO) has been relatively less volatile compared to the crypto market. So far Monday, the Payment Tokens has dropped 6.12% to $0.0003365868528.

volatility - 6
InvestorsObserver is giving Eroscoin a 6 Volatility Rank. Find out what this means to you and get the rest of the rankings on Eroscoin!

Low Volatility

InvestorsObserver gives Eroscoin a low volatility rank of 6, placing it in the bottom 6% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. ERO's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Eroscoin price is trading near resistance. With support at $0.000321905876955681 and resistance around $0.00033838932609997. This positions Eroscoin with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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