Hydro (HYDRO) has been relatively more volatile compared to other cryptocurrencies. So far on Saturday, smart contracts have lost 17.46% to $0.0008280149184.
Highly volatile
InvestorsObserver gives Hydro a high volatility range of 80, putting it in the top 20% of cryptocurrencies on the market.
The volatility indicator takes into account that this causes your score to be defined by recent trends, rather than a bad day. HYDRO's high volatility reading comes with a low reading on the risk/reward indicator, meaning the token has relatively wide price swings and is well protected against price manipulation.
The price of hydroelectric energy is in a favorable position for the future. With support around USD 0.000641323111564501 and resistance near USD 0.000914723796383126. This puts Hydro with room to run before facing selling pressure.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
