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Mirrored Apple (mAAPL), Low Volatility but Rising Wednesday: Is it Time to Cash Out?

Wednesday, January 12, 2022 09:27 AM | InvestorsObserver Analysts
Mirrored Apple (mAAPL), Low Volatility but Rising Wednesday: Is it Time to Cash Out?

Mirrored Apple (mAAPL) has been relatively less volatile compared to the crypto market. So far Wednesday, the Wrapped Tokens has increased 1.61% to $175.67.

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 takes into account meaning that one day won't make or break its rank. mAAPL's low volatility reading comes 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 trading above resistance. With support at $170.82 and resistance near $174.76. This positions Mirrored Apple out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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