Fetch.ai (FET) Falls 0.06%, Underperforms the Crypto Market Friday

Friday, December 17, 2021 07:43 PM | InvestorsObserver Analysts

Fetch.ai (FET) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Art, Collectibles and Non-Fungible Tokens has declined 5.81% to $0.471282229.

InvestorsObserver is giving Fetch.ai a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on Fetch.ai!

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Low Volatility

InvestorsObserver gives Fetch.ai a low volatility rank of 22, placing it in the bottom 22% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. FET's low volatility reading pairs 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.

Fetch.ai price is trading near resistance. With support at $0.43478952585149 and resistance at $0.481198626145603. This leaves Fetch.ai with potential selling pressures ahead as it may be getting over extended.