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Payfair (PFR) Falls 0.06%, Underperforms the Crypto Market Thursday

Thursday, December 09, 2021 03:00 PM | InvestorsObserver Analysts
Payfair (PFR) Falls 0.06%, Underperforms the Crypto Market Thursday

Payfair (PFR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has declined 5.76% to $0.0006190866159.

volatility - 38
InvestorsObserver is giving Payfair a 38 Volatility Rank. Find out what this means to you and get the rest of the rankings on Payfair!

Moderately Volatile

InvestorsObserver gives Payfair a moderate volatility rank of 38, placing it in the bottom 38% of cryptos on the market.

The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. PFR's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Payfair price is trading near resistance. With support around $0.000591044361398904 and resistance set at $0.000623830583108006. This leaves 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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