HyperAlloy (ALLOY) Falls 0.01%, Underperforms the Crypto Market Sunday

HyperAlloy (ALLOY) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Decentralized Exchange has lost 1.42% to $0.001956205127.

InvestorsObserver is giving HyperAlloy a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on HyperAlloy!

Highly Volatile

InvestorsObserver gives HyperAlloy a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.

ALLOY’s high volatility reading comes 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.

HyperAlloy price is trading near resistance. With support at $0.0019221574976889 and resistance near $0.00196676924599684. This positions HyperAlloy with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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