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Payfair (PFR) Rises 0.92%, Outperforms the Crypto Market Tuesday

Tuesday, January 04, 2022 09:07 AM | InvestorsObserver Analysts
Payfair (PFR) Rises 0.92%, Outperforms the Crypto Market Tuesday

Payfair (PFR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has gained 0.92% to $0.00057867795.

volatility - 10
InvestorsObserver is giving Payfair a 10 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 10, placing it in the bottom 10% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. PFR's low volatility reading pairs 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 $0.000560263247153364 and resistance near $0.00058098593113815. 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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