Ormeus Coin (ORMEUS) Rises 158.98%, Outperforms the Crypto Market Tuesday

Tuesday, August 16, 2022 12:38 PM | InvestorsObserver Analysts

Ormeus Coin (ORMEUS) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Payment Tokens has advanced 158.98% to $0.00170013475.

InvestorsObserver is giving Ormeus Coin a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ormeus Coin!

See Full Report

Highly Volatile

InvestorsObserver gives Ormeus Coin a high volatility rank of 98, placing it in the top 2% 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 trading above resistance. With support around $0.000307418162551588 and resistance around $0.0013530215840683. This positions Ormeus Coin out of range and potentially in a volatile position if the rally burns out.