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Rangers Protocol (RPG) Falls 0.01%, Underperforms the Crypto Market Monday

Monday, October 03, 2022 06:52 AM | InvestorsObserver Analysts
Rangers Protocol (RPG) Falls 0.01%, Underperforms the Crypto Market Monday

Rangers Protocol (RPG) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 0.6% to $1.44.

volatility - 98
InvestorsObserver is giving Rangers Protocol a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Rangers Protocol!

Highly Volatile

InvestorsObserver gives Rangers Protocol a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. RPG'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.

Rangers Protocol price is trading near resistance. With support set at $1.43 and resistance at $1.45. This positions Rangers Protocol 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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