Proton (XPR), Moderate Volatility and Falling Thursday: Is it Time to Cash Out?

Thursday, December 09, 2021 05:09 PM | InvestorsObserver Analysts

Proton (XPR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Art, Collectibles and Non-Fungible Tokens has declined 13.59% to $0.01684475176.

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

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Moderately Volatile

InvestorsObserver gives Proton 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. XPR's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Proton price is trading near resistance. With support around $0.0143426931904208 and resistance set at $0.017600575040425. This leaves Proton with potential selling pressures ahead as it may be getting over extended.