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Mirrored Apple (mAAPL) Falls 0.02%, Outperforms the Crypto Market Friday

Friday, January 07, 2022 08:25 AM | InvestorsObserver Analysts
Mirrored Apple (mAAPL) Falls 0.02%, Outperforms the Crypto Market Friday

Mirrored Apple (mAAPL) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Wrapped Tokens has fallen 1.87% to $172.08.

volatility - 2
InvestorsObserver is giving Mirrored Apple a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mirrored Apple!

Low Volatility

InvestorsObserver gives Mirrored Apple a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. mAAPL's low volatility reading is coupled 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 Apple price is in a good position going forward. With support set at $167.4 and resistance at $175.04. This positions Mirrored Apple 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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