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Payfair (PFR) Falls 0.03%, Underperforms the Crypto Market Sunday

Sunday, January 09, 2022 09:18 AM | InvestorsObserver Analysts
Payfair (PFR) Falls 0.03%, Underperforms the Crypto Market Sunday

Payfair (PFR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has declined 3.2% to $0.0004655137555.

volatility - 11
InvestorsObserver is giving Payfair a 11 Volatility Rank. Find out what this means to you and get the rest of the rankings on Payfair!

Low Volatility

InvestorsObserver gives Payfair a low volatility rank of 11, placing it in the bottom 11% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. PFR's low volatility reading is coupled 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.

Payfair price is trading near resistance. With support set at $0.000440792355178992 and resistance near $0.000473705877042512. This positions Payfair with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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