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EvenCoin (EVN) Falls 0.4%, Underperforms the Crypto Market Tuesday

Tuesday, May 10, 2022 03:16 PM | InvestorsObserver Analysts
EvenCoin (EVN) Falls 0.4%, Underperforms the Crypto Market Tuesday

EvenCoin (EVN) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has dropped 40.38% to $0.0006411356957.

volatility - 99
InvestorsObserver is giving EvenCoin a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on EvenCoin!

Highly Volatile

InvestorsObserver gives EvenCoin a high volatility rank of 99, placing it in the top 1% 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. EVN'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.

EvenCoin price is favorably positioned going forward. With support around $0.000297167877968358 and resistance around $0.000893982375808017. This leaves EvenCoin 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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