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Evedo (EVED) Down 0.37% Thursday: What's Next?

Thursday, November 10, 2022 08:31 AM | InvestorsObserver Analysts
Evedo (EVED) Down 0.37% Thursday: What's Next?

Evedo (EVED) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has declined 37.44% to $0.0126103281.

volatility - 80
InvestorsObserver is giving Evedo a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Evedo!

Highly Volatile

InvestorsObserver gives Evedo a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. EVED's high volatility reading comes 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.

Evedo price is in a favorable position going forward. With support at $0.00392217673875115 and resistance near $0.0202226659334423. This leaves Evedo 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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