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HyperAlloy (ALLOY) Rises 4.37%, Outperforms the Crypto Market Wednesday

Wednesday, January 05, 2022 06:13 AM | InvestorsObserver Analysts
HyperAlloy (ALLOY) Rises 4.37%, Outperforms the Crypto Market Wednesday

HyperAlloy (ALLOY) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Decentralized Exchange has gained 4.37% to $0.01403278569.

volatility - 56
InvestorsObserver is giving HyperAlloy a 56 Volatility Rank. Find out what this means to you and get the rest of the rankings on HyperAlloy!

Moderately Volatile

InvestorsObserver gives HyperAlloy a moderate volatility rank of 56, placing it in the top 44% of cryptos on the market.

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

HyperAlloy price is in a good position going forward. With support at $0.0120310596470863 and resistance at $0.0160331660230786. This leaves HyperAlloy 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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