Aeron (ARNX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has added 7.55% to $0.000004900678146.
Highly Volatile
InvestorsObservergives Aeron a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
ARNX’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.
Aeron price is trading above resistance. With support set at $0.00000416825302571541 and resistance set at $0.00000482364354801265. This positions Aeron 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.Â
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