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Ormeus Cash (OMC) Falls 0%, Underperforms the Crypto Market Thursday

Thursday, March 28, 2024 08:28 AM | InvestorsObserver Analysts
Ormeus Cash (OMC) Falls 0%, Underperforms the Crypto Market Thursday

Ormeus Cash (OMC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has lost 0.03% to $0.0001798921207.

volatility - 1
InvestorsObserver is giving Ormeus Cash a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ormeus Cash!

Low Volatility

InvestorsObserver gives Ormeus Cash a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. OMC's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Ormeus Cash price is favorably positioned going forward. With support at $0.000179771880988694 and resistance near $0.000179960313738986. This leaves Ormeus Cash 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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