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GlitzKoin (GTN) Rises 58.33%, Outperforms the Crypto Market Friday

Friday, February 18, 2022 08:38 AM | InvestorsObserver Analysts
GlitzKoin (GTN) Rises 58.33%, Outperforms the Crypto Market Friday

GlitzKoin (GTN) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has added 58.33% to $0.5952098726.

volatility - 48
InvestorsObserver is giving GlitzKoin a 48 Volatility Rank. Find out what this means to you and get the rest of the rankings on GlitzKoin!

Moderately Volatile

InvestorsObserver gives GlitzKoin a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. GTN's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

GlitzKoin price is trading above resistance. With support around $0.250210018514079 and resistance set at $0.523607583402079. This leaves GlitzKoin out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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