AFEN Blockchain Network (AFEN) Down 0.14% Friday: What’s Next?

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Friday, December 08, 2023 03:03 PM | InvestorsObserver Analysts

AFEN Blockchain Network (AFEN) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has fallen 13.63% to $0.0009410835545.

volatility - 76
InvestorsObserver is giving AFEN Blockchain Network a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on AFEN Blockchain Network!

Highly Volatile

InvestorsObserver gives AFEN Blockchain Network a high volatility rank of 76, placing it in the top 24% of cryptos on the market.

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

AFEN’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.

AFEN Blockchain Network price is in a favorable position going forward. With support near $0.000678930356443305 and resistance around $0.00120818141782321. This leaves AFEN Blockchain Network 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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