Populous (PPT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 21.16% to $0.02097776938.
Highly Volatile
InvestorsObserver gives Populous a high volatility rank of 91, placing it in the top 9% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will.
PPT's high volatility reading is coupled 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.
Populous price is well positioned going forward. With support at $0.0117880580802449 and resistance set at $0.0252960864310154. This leaves Populous with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.
