GYEN (GYEN) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has dropped 0.06% to $0.007713490473.
InvestorsObserver gives GYEN a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
GYEN’s low volatility reading comes 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.
GYEN price is in a good position going forward. With support set at $0.00768306490105849 and resistance around $0.0077512577369557. This positions GYEN 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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