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Ethernaal (NAAL) Remains Neutral%, Underperforms the Crypto Market Wednesday

Wednesday, May 04, 2022 06:21 AM | InvestorsObserver Analysts
Ethernaal (NAAL) Remains Neutral%, Underperforms the Crypto Market Wednesday

Ethernaal (NAAL) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has declined 0% to $0.3590708898.

volatility - 2
InvestorsObserver is giving Ethernaal a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethernaal!

Low Volatility

InvestorsObserver gives Ethernaal a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. NAAL'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.

Ethernaal price is in a favorable position going forward. With support near $0.358908320577777 and resistance around $0.359233553321994. This leaves Ethernaal with room to run before facing selling pressures.

What is a Token?

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

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