InvestorsObserver gives EventChain a high volatility rank of 92, placing it in the top 8% 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.
EVC's high volatility reading is paired 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.
EventChain price is favorably positioned going forward. With support set at $0.0004434482270962 and resistance at $0.000749996428575218. This leaves EventChain with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter