Mirrored Amazon (mAMZN) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has increased 2.54% to $3485.32.
InvestorsObserver is giving Mirrored Amazon a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mirrored Amazon!
Low Volatility
InvestorsObserver gives Mirrored Amazon a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. mAMZN's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Mirrored Amazon price is trading above resistance. With support around $3374.47 and resistance set at $3442.61. This leaves Mirrored Amazon out of range and potentially in a volatile position if the rally burns out.