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Jetcoin (JET) Down 0.35% Tuesday: What's Next?

Tuesday, January 18, 2022 02:02 PM | InvestorsObserver Analysts
Jetcoin (JET) Down 0.35% Tuesday: What's Next?

Jetcoin (JET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has dropped 34.51% to $0.01923616054.

volatility - 72
InvestorsObserver is giving Jetcoin a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Jetcoin!

Moderately Volatile

InvestorsObserver gives Jetcoin a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. JET's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Jetcoin price is favorably positioned going forward. With support set at $0.0112364424847902 and resistance near $0.0237634836220087. This positions Jetcoin 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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