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Ormeus Coin (ORMEUS) Falls 0.01%, Underperforms the Crypto Market Thursday

Thursday, December 08, 2022 07:17 PM | InvestorsObserver Analysts
Ormeus Coin (ORMEUS) Falls 0.01%, Underperforms the Crypto Market Thursday

Ormeus Coin (ORMEUS) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the Payment Tokens has fallen 0.67% to $0.0004411396152.

volatility - 97
InvestorsObserver is giving Ormeus Coin a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ormeus Coin!

Highly Volatile

InvestorsObserver gives Ormeus Coin a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. ORMEUS'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.

Ormeus Coin price is favorably positioned going forward. With support set at $0.000418712380955186 and resistance near $0.00047885949202646. This positions Ormeus 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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