Thursday, January 13, 2022 06:04 AM | InvestorsObserver Analysts
The Graph (GRT) has been relatively less volatile compared to the crypto market. So far Thursday, the Decentralized Finance has increased 5.94% to $0.6116110983.
InvestorsObserver is giving The Graph a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on The Graph!
InvestorsObserver gives The Graph a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
GRT's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
The Graph price is trading above resistance. With support near $0.563997020910178 and resistance at $0.593036761472616. This positions The Graph out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.
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