Rainbow Token (RAINBOW) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has increased 18.52% to $0.00000000024447507.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
RAINBOW’s high volatility reading pairs 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.
Rainbow Token price is trading above resistance. With support at $0.000000000201735766674805 and resistance near $0.000000000214094602851479. This positions Rainbow Token out of range and potentially in a volatile position if the rally burns out.
