Ethereum Gold Project (ETGP) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has added 41.4% to $0.00001980541512.
InvestorsObserver gives Ethereum Gold Project a high volatility rank of 83, placing it in the top 17% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
ETGP’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.
Ethereum Gold Project price is trading above resistance. With support at $0.0000131927299003064 and resistance at $0.0000151777257337881. This leaves Ethereum Gold Project out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
This news is republished from another source. You can check the original article here