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NuCypher (NU) Down 0.03% Tuesday: What's Next?

Tuesday, April 26, 2022 03:18 PM | InvestorsObserver Analysts
NuCypher (NU) Down 0.03% Tuesday: What's Next?

NuCypher (NU) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has declined 3.03% to $0.3424557853.

volatility - 26
InvestorsObserver is giving NuCypher a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on NuCypher!

Moderately Volatile

InvestorsObserver gives NuCypher a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.

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

NuCypher price is in a favorable position going forward. With support set at $0.32792826972394 and resistance around $0.354430998186159. This leaves NuCypher 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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