Humaniq (HMQ) Falls 0.36%, Underperforms the Crypto Market Thursday

Thursday, March 28, 2024 08:08 AM | InvestorsObserver Analysts

Humaniq (HMQ) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has lost 36.34% to $0.003529871366.

InvestorsObserver is giving Humaniq a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on Humaniq!

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Highly Volatile

InvestorsObserver gives Humaniq a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. HMQ'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.

Humaniq price is in a favorable position going forward. With support near $0.00212167559631606 and resistance near $0.00435424300350686. This positions Humaniq with room to run before facing selling pressures.