FRAKT Token (FRKT) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Saturday, the crypto has added 70.44% to $0.1173704111.
InvestorsObserver gives FRAKT Token a moderate volatility ranking of 73, placing it in the top 27% of cryptos in the market.
The Volatility Gauge analysis means the ranking represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility. FRKT’s moderate volatility reading is paired with a low reading on the risk/reward gauge, meaning the token has moderate price swings and is well protected against price manipulation.
FRAKT token price is trading above the resistance. With support near 0.0438082994107094 and resistance at 0.0984970362070885. This positions FRAKT Token out of reach and potentially in a volatile position if the rally fizzles out.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
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