Eternity (ENT) Rises 0.06%, Underperforms the Crypto Market Saturday

Saturday, April 08, 2023 06:15 PM | InvestorsObserver Analysts

Eternity (ENT) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has added 0.06% to $0.01228854702.

InvestorsObserver is giving Eternity a 20 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 20, placing it in the bottom 20% 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. ENT's low volatility reading comes 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 favorable position going forward. With support near $0.012217574627857 and resistance at $0.012357755439143. This leaves 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.