DeRace (DERC) Rises 8.08%, Outperforms the Crypto Market Friday

DeRace (DERC) Rises 8.08%, Outperforms the Crypto Market Friday

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Friday, March 17, 2023 7:57 PM | InvestorsObserver Analysts

DeRace (DERC) Up 8.08%, Outperforms Crypto Market on Friday

of race (13) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Friday, the crypto has gained 8.08% to $0.2550229997.

volatility - 40
InvestorsObserver is giving DeRace a volatility range of 40. Find out what this means for you and get the rest of the rankings on DeRace!

moderately volatile

InvestorsObserver gives DeRace a moderate volatility range of 40, putting it in the bottom 40% of cryptocurrencies on the market.

The volatility indicator takes into account that this means that the range represents your recent trends and is not influenced too much by a sudden spike, or two, in volatility. DERC’s moderate volatility reading is combined with a low reading on the risk/reward indicator, which means that the token has moderate price fluctuations and is well protected against price manipulation.

DeRace price is trading above resistance. With support near $0.232719600966872 and resistance around $0.241223157218398. This leaves DeRace out of range and potentially in a volatile position if the rally peters out.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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