JavaScript Token (JS) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Marketplace has advanced 402.99% to $0.01657238257.
Highly Volatile
InvestorsObserver gives JavaScript Token a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
JS’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.
JavaScript Token price is trading above resistance. With support around $-0.0011954337701735 and resistance at $0.0122561426955673. This leaves JavaScript 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.