Plasma Finance (PAY) has been relatively more volatile compared to the cryptocurrency market. So far on Saturday, Decentralized Finance has fallen 12.01% to $0.001087271493.
Highly volatile
InvestorsObserver It gives Plasma Finance a high volatility rank of 97, putting it in the top 3% of cryptocurrencies on the market.
The volatility indicator takes into account the meaning that one day will neither make nor break your ranking. PPAY's high volatility reading is combined with a low reading on the risk/reward indicator, meaning the token has relatively wide price swings and is well protected against price manipulation.
Plasma Finance price is in a good position going forward. With support near $0.000595295612667408 and resistance near $0.00129766859762808. This leaves Plasma Finance with room to maneuver before facing selling pressure.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
