Parachute (PAR) Rises 49.12%, Outperforms the Crypto Market Sunday

Parachute (PAR) has been relatively more volatile compared to the crypto market. So far Sunday, the Payment Tokens has advanced 49.12% to $0.0003392418815.

volatility - 95
InvestorsObserver is giving Parachute a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on Parachute!

Highly Volatile

InvestorsObserver gives Parachute a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge follows meaning that one day won’t make or break its rank.

PAR’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.

Parachute price is trading above resistance. With support set at $0.000155094535589838 and resistance near $0.000303344776771651. This positions Parachute 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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