PREMA (PRMX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has gained 45.46% to $0.00000202449451.
Highly Volatile
InvestorsObserver gives PREMA a high volatility rank of 82, placing it in the top 18% of cryptos on the market.
The Volatility Gauge follows meaning that one day won't make or break its rank.
PRMX's high volatility reading is paired 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.
PREMA price is trading above resistance. With support at $0.00000130326549666888 and resistance at $0.00000145654877784791. This positions PREMA 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.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/A7IQ6QZECFKS7HTWQTTAR3CVTU.jpg?w=75&resize=75,75&ssl=1 "Madrid residents told to stay at home as torrential rain sweeps across Spain")
