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Moneytoken (IMT) Up 2.39% Sunday: What's Next?

Sunday, December 03, 2023 11:23 AM | InvestorsObserver Analysts
Moneytoken (IMT) Up 2.39% Sunday: What's Next?

Moneytoken (IMT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has increased 2.39% to $0.0002201886853.

volatility - 65
InvestorsObserver is giving Moneytoken a 65 Volatility Rank. Find out what this means to you and get the rest of the rankings on Moneytoken!

Moderately Volatile

InvestorsObserver gives Moneytoken a moderate volatility rank of 65, placing it in the top 35% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. IMT's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Moneytoken price is trading above resistance. With support set at $0.000212830454573192 and resistance near $0.000218601424010628. This positions Moneytoken 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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