ZION (ZION) Rises 145.28%, Outperforms the Crypto Market Wednesday

Wednesday, July 05, 2023 06:19 PM | InvestorsObserver Analysts

ZION (ZION) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has added 145.28% to $0.03125994463.

InvestorsObserver is giving ZION a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on ZION!

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Highly Volatile

InvestorsObserver gives ZION a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. ZION's high volatility reading is coupled 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.

ZION price is trading above resistance. With support set at $0.00654225334752465 and resistance near $0.0251067337043967. This leaves ZION out of range and potentially in a volatile position if the rally burns out.