Elamachain (ELAMA) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has declined 0% to $0.0001900316664.
Highly Volatile
InvestorsObserver gives Elamachain a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
ELAMA’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.
Elamachain price is in a favorable position going forward. With support at $0.000190011455360196 and resistance at $0.000190064773577593. This positions Elamachain 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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