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Friendz (FDZ), High Volatility and Falling Saturday: Is it Time to Cash Out?

Saturday, January 08, 2022 04:31 PM | InvestorsObserver Analysts
Friendz (FDZ), High Volatility and Falling Saturday: Is it Time to Cash Out?

Friendz (FDZ) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has fallen 32.33% to $0.0008264583332.

volatility - 85
InvestorsObserver is giving Friendz a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Friendz!

Highly Volatile

InvestorsObserver gives Friendz a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. FDZ'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.

Friendz price is well positioned going forward. With support at $0.00056662614561367 and resistance near $0.000976458544486493. This positions Friendz 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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