ZUM TOKEN (ZUM) Falls 0%, Underperforms the Crypto Market Tuesday

Tuesday, June 06, 2023 12:59 PM | InvestorsObserver Analysts

ZUM TOKEN (ZUM) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has lost 0.44% to $0.000005701528274.

InvestorsObserver is giving ZUM TOKEN a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on ZUM TOKEN!

See Full Report

Highly Volatile

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

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ZUM's high volatility reading is paired 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.

ZUM TOKEN price is favorably positioned going forward. With support set at $-0.00000182818571519794 and resistance set at $0.0000205511242242263. This leaves ZUM TOKEN with room to run before facing selling pressures.