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.
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.