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Kyber Network Crystal v2 (KNC) Down 0.03% Saturday: What's Next?

Saturday, April 16, 2022 08:14 AM | InvestorsObserver Analysts
Kyber Network Crystal v2 (KNC) Down 0.03% Saturday: What's Next?

Kyber Network Crystal v2 (KNC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 2.99% to $4.37.

volatility - 54
InvestorsObserver is giving Kyber Network Crystal v2 a 54 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kyber Network Crystal v2!

Moderately Volatile

InvestorsObserver gives Kyber Network Crystal v2 a moderate volatility rank of 54, placing it in the top 46% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. KNC'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.

Kyber Network Crystal v2 price is in a good position going forward. With support near $4.14 and resistance set at $4.52. This positions Kyber Network Crystal v2 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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