Observer (OBSR) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has increased 39.81% to $0.003366016596.
Highly Volatile
InvestorsObserver gives Observer a high volatility rank of 78, placing it in the top 22% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
OBSR's high volatility reading pairs 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.
Observer price is trading above resistance. With support around $0.00203105478934155 and resistance near $0.0030457807929735. This positions Observer out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.
