NeoNomad (NNI) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has lost 32.66% to $0.006685182583.
InvestorsObserver gives NeoNomad a high volatility rank of 83, placing it in the top 17% of cryptos on the market.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
NNI’s high volatility reading is paired 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.
NeoNomad price is favorably positioned going forward. With support at $0.00351525369989754 and resistance around $0.00989396210718037. This positions NeoNomad 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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