Eternity (ENT) Falls 0.01%, Underperforms the Crypto Market Saturday

Saturday, December 25, 2021 12:47 PM | InvestorsObserver Analysts

Eternity (ENT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has declined 1.08% to $0.02821638157.

InvestorsObserver is giving Eternity a 12 Volatility Rank. Find out what this means to you and get the rest of the rankings on Eternity!

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Low Volatility

InvestorsObserver gives Eternity a low volatility rank of 12, placing it in the bottom 12% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. ENT's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Eternity price is in a good position going forward. With support around $0.0277967262602 and resistance at $0.0285244654452949. This positions Eternity 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.