Plasma Finance (PPAY) Rises 31.78%, Outperforms the Crypto Market Wednesday
Wednesday, May 03, 2023 07:31 PM | InvestorsObserver Analysts
Plasma Finance (PPAY) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the Decentralized Finance has gained 31.78% to $0.003950163884.
InvestorsObserver is giving Plasma Finance a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Plasma Finance!
InvestorsObserver gives Plasma Finance a high volatility rank of 85, placing it in the top 15% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility.
PPAY's high volatility reading comes 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.
Plasma Finance price is trading near resistance. With support around $0.00144578442819022 and resistance around $0.004598331017453. This positions Plasma Finance 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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