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NIL Coin (NIL) Falls 0.18%, Underperforms the Crypto Market Tuesday

Tuesday, December 21, 2021 05:15 PM | InvestorsObserver Analysts
NIL Coin (NIL) Falls 0.18%, Underperforms the Crypto Market Tuesday

NIL Coin (NIL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has declined 18.11% to $0.00002861292576.

volatility - 99
InvestorsObserver is giving NIL Coin a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on NIL Coin!

Highly Volatile

InvestorsObserver gives NIL Coin a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. NIL's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

NIL Coin price is well positioned going forward. With support around $-0.153674018523402 and resistance around $0.307418557422766. This leaves NIL Coin 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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