EnterCoin (ENTRC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has fallen 54.24% to $0.003680057234.
InvestorsObserver gives EnterCoin a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
ENTRC’s high volatility reading pairs 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.
EnterCoin price is favorably positioned going forward. With support at $0.00128129636624628 and resistance around $0.00577523628936881. This leaves EnterCoin 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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