Euro Coin (EUROC) Rises 0.12%, Outperforms Crypto Market on Sunday

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The Euro Coin (EUROC) has been relatively less volatile compared to other cryptocurrencies. So far on Sunday, the crypto has gained 0.12% to $1.03.

InvestorsObserver gives Euro Coin a volatility rank of 4. Find out what this means for you and get the rest of the ranking on Euro Coin!

Low volatility

InvestorsObserver gives Euro Coin a low volatility rank of 4, placing it in the bottom 4% of cryptos in the market.

The volatility gauge takes into account the significance that a day will neither make nor destroy its rank. EUROC’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning the token has relatively narrow price swings and is well protected against price manipulation.

The price of the Euro Coin is favorably positioned going forward. With support around $1.02 and resistance around $1.04. This gives Euro Coin room to maneuver before facing selling pressures.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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