Fountain (FTN) Falls 0.18%, Underperforms the Crypto Market Saturday

Saturday, December 04, 2021 06:41 AM | InvestorsObserver Analysts

Fountain (FTN) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 18.13% to $0.2345019725, reaching a five-day high.

InvestorsObserver is giving Fountain a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on Fountain!

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Highly Volatile

InvestorsObserver gives Fountain a high volatility rank of 90, placing it in the top 10% of cryptos on the market. The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. FTN's high volatility reading is coupled 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. Fountain price is trading near resistance. With support around $0.211842928632941 and resistance set at $0.236870561346259. This leaves Fountain with potential selling pressures ahead as it may be getting over extended.