YENTEN (YTN) Up 2.62% Thursday: What's Next?

Thursday, March 28, 2024 12:28 PM | InvestorsObserver Analysts

YENTEN (YTN) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has added 2.62% to $0.001486147904.

InvestorsObserver is giving YENTEN a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on YENTEN!

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Low Volatility

InvestorsObserver gives YENTEN a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. YTN's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

YENTEN price is trading near resistance. With support set at $0.00142201281986163 and resistance near $0.00148911659042315. This positions YENTEN with potential selling pressures ahead as it may be getting over extended.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.