NeoNomad (NNI) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has lost 29.68% to $0.01006691321.
InvestorsObserver gives NeoNomad a high volatility rank of 90, placing it in the top 10% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
NNI’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.
NeoNomad price is in a good position going forward. With support set at $0.00709720487787846 and resistance around $0.011387328348006. This positions NeoNomad 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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