Parachute (PAR) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the Payment Tokens has declined 50.18% to $0.0001655862415.
Highly VolatileInvestorsObserver gives Parachute a high volatility rank of 90, placing it in the top 10% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. PAR'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.
Parachute price is in a favorable position going forward. With support around $0.0000675116085876967 and resistance around $0.00024308318702609. This leaves Parachute with room to run before facing selling pressures.