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Friday, March 22, 2024 12:32 PM | InvestorsObserver Analysts

Apollo Currency (APL), High Volatility and Rising Friday: Is it Time to Cash Out?

Apollo Currency (APL) has been relatively more volatile compared to the crypto market. So far Friday, the Digital Money has gained 71.2% to $0.00008057802936.

volatility - 84
InvestorsObserver is giving Apollo Currency a 84 Volatility Rank. Find out what this means to you and get the rest of the rankings on Apollo Currency!

Highly Volatile

InvestorsObserver gives Apollo Currency a high volatility rank of 84, placing it in the top 16% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.

APL’s high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

Apollo Currency price is trading above resistance. With support set at $0.0000436419483496933 and resistance set at $0.0000534580337164583. This leaves Apollo Currency out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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