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QuickSwap (QUICK) Falls 0.05%, Underperforms the Crypto Market Wednesday

Wednesday, July 20, 2022 11:21 AM | InvestorsObserver Analysts
QuickSwap (QUICK) Falls 0.05%, Underperforms the Crypto Market Wednesday

QuickSwap (QUICK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Decentralized Exchange has fallen 5.31% to $88.07.

volatility - 99
InvestorsObserver is giving QuickSwap a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on QuickSwap!

Highly Volatile

InvestorsObserver gives QuickSwap a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. QUICK'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.

QuickSwap price is well positioned going forward. With support near $79.09 and resistance near $92.07. This positions QuickSwap with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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