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Orbit Chain (ORC) Falls 0.31%, Underperforms the Crypto Market Thursday

Thursday, March 28, 2024 03:06 PM | InvestorsObserver Analysts
Orbit Chain (ORC) Falls 0.31%, Underperforms the Crypto Market Thursday

Orbit Chain (ORC) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 31.23% to $0.01123232554.

volatility - 93
InvestorsObserver is giving Orbit Chain a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on Orbit Chain!

Highly Volatile

InvestorsObserver gives Orbit Chain a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. ORC's high volatility reading is paired 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.

Orbit Chain price is favorably positioned going forward. With support set at $0.00763112090141092 and resistance around $0.0129099513179115. This positions Orbit Chain 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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