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Zelwin (ZLW) Falls 0.49%, Underperforms the Crypto Market Saturday

Saturday, October 08, 2022 03:58 PM | InvestorsObserver Analysts
Zelwin (ZLW) Falls 0.49%, Underperforms the Crypto Market Saturday

Zelwin (ZLW) has been relatively more volatile compared to the crypto market. So far Saturday, the Marketplace has dropped 48.72% to $0.04189282514.

volatility - 80
InvestorsObserver is giving Zelwin a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Zelwin!

Highly Volatile

InvestorsObserver gives Zelwin a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. ZLW'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.

Zelwin price is in a good position going forward. With support around $0.0175057878248099 and resistance at $0.0630200435869102. This leaves Zelwin 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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