ETNA Network (ETNA), High Volatility and Falling Friday: Is it Time to Cash Out?

Friday, March 29, 2024 07:54 AM | InvestorsObserver Analysts

ETNA Network (ETNA) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has fallen 34.54% to $0.0005971238999.

InvestorsObserver is giving ETNA Network a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on ETNA Network!

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Highly Volatile

InvestorsObserver gives ETNA Network a high volatility rank of 92, placing it in the top 8% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. ETNA'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.

ETNA Network price is favorably positioned going forward. With support near $0.000340964905994982 and resistance set at $0.000729433521705717. This leaves ETNA Network with room to run before facing selling pressures.