Cajutel (CAJ) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has dropped 0.99% to $1.22.
InvestorsObserver gives Cajutel a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.
CAJ’s low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Cajutel price is in a favorable position going forward. With support set at $1.21 and resistance set at $1.22. This positions Cajutel 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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