Portugal National Team Fan Token (POR), High Volatility and Falling Thursday: Is it Time to Cash Out?

Thursday, March 28, 2024 06:37 PM | InvestorsObserver Analysts

Portugal National Team Fan Token (POR) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Sports and Fan Tokens has dropped 26.64% to $2.97.

InvestorsObserver is giving Portugal National Team Fan Token a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on Portugal National Team Fan Token!

See Full Report

Highly Volatile

InvestorsObserver gives Portugal National Team Fan Token a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. POR's high volatility reading is coupled 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.

Portugal National Team Fan Token price is well positioned going forward. With support at $2.05 and resistance set at $3.49. This positions Portugal National Team Fan Token with room to run before facing selling pressures.