Indorse Token (IND) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has increased 50.18% to $0.0125427758.
Highly Volatile
InvestorsObserver gives Indorse Token a high volatility rank of 86, placing it in the top 14% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
IND’s high volatility reading is coupled 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.
Indorse Token price is trading above resistance. With support near $0.00687912192902436 and resistance near $0.0112840551208602. This leaves Indorse Token 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.
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