CACHE Gold (CGT) Falls 0.19%, Underperforms the Crypto Market Friday

CACHE Gold (CGT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has declined 18.76% to $53.58.

volatility - 99
InvestorsObserver is giving CACHE Gold a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on CACHE Gold!

Highly Volatile

InvestorsObserver gives CACHE Gold a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

CGT’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.

CACHE Gold price is well positioned going forward. With support at $40.69 and resistance around $61.44. This leaves CACHE Gold with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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