Euro Coin (EUROC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has increased 0.04% to $1.05.
InvestorsObserver gives Euro Coin a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility. EUROC’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.
Euro Coin price is trading near resistance. With support at $1.04 and resistance around $1.05. This positions Euro Coin 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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