Growth DeFi (GRO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Governance has gained 32.46% to $0.02790224513.
InvestorsObserver gives Growth DeFi a high volatility rank of 96, placing it in the top 4% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.
GRO’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.
Growth DeFi price is trading above resistance. With support at $0.0152253828972047 and resistance at $0.0271277366235321. This positions Growth DeFi 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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