r/cryptomoons (MOON) has been relatively more volatile compared to other cryptocurrencies. So far on Saturday, the cryptocurrency has advanced 27.64% to $0.2061282922.
Highly volatile
InvestorsObserver gives ar/CryptoCurrency Moons a high volatility rank of 88, putting it in the top 12% of cryptocurrencies on the market.
The volatility indicator tracks which means you will not one day meet or break your ranking. MOON'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.
r/CryptoCurrency Moons price is trading above resistance. With support set at USD 0.146138052981002 and resistance at USD 0.187328215282066. This leaves ar/CryptoCurrency Moons out of range and potentially in a volatile position if the rally peters out.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
