ARAW (ARAW) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has advanced 78.1% to $0.0003696183606.
Highly Volatile
InvestorsObserver gives ARAW a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will.
ARAW'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.
ARAW price is trading near resistance. With support near $0.0000163119023484443 and resistance around $0.000400475110203171. This positions ARAW with potential selling pressures ahead as it may be getting over extended.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.