Maecenas (ART), Moderate Volatility and Rising Friday: Is it Time to Cash Out?

Friday, January 21, 2022 05:03 PM | InvestorsObserver Analysts

Maecenas (ART) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Art, Collectibles and Non-Fungible Tokens has increased 35.2% to $0.001603761461.

InvestorsObserver is giving Maecenas a 70 Volatility Rank. Find out what this means to you and get the rest of the rankings on Maecenas!

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Moderately Volatile

InvestorsObserver gives Maecenas a moderate volatility rank of 70, placing it in the top 30% of cryptos on the market.

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

Maecenas price is in a favorable position going forward. With support near $0.000623069278145311 and resistance near $0.00228343186266172. This leaves Maecenas with room to run before facing selling pressures.