Nitro Network (NCash) Up 22.44% Thursday: What's Next?
Thursday, March 28, 2024 08:21 AM | InvestorsObserver Analysts
Nitro Network (NCash) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has advanced 22.44% to $0.000002907954148.
InvestorsObserver is giving Nitro Network a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Nitro Network!
InvestorsObserver gives Nitro Network a high volatility rank of 98, placing it in the top 2% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won't make or break its rank.
NCash'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.
Nitro Network price is in a favorable position going forward. With support around $0.000000916381147626725 and resistance near $0.00000524611389418196. This positions Nitro Network 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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