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Kyber Network Crystal v2 (KNC) Up 0.23% Saturday: What's Next?

Saturday, May 07, 2022 10:31 AM | InvestorsObserver Analysts
Kyber Network Crystal v2 (KNC) Up 0.23% 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 added 0.23% to $2.81.

volatility - 57
InvestorsObserver is giving Kyber Network Crystal v2 a 57 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 57, placing it in the top 43% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. KNC'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.

Kyber Network Crystal v2 price is well positioned going forward. With support set at $2.66 and resistance set at $3.03. This leaves 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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