ALL BEST ICO (ALLBI) Falls 0.56%, Underperforms the Crypto Market Wednesday

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ALL BEST ICO (ALLBI) Falls 0.56%, Underperforms the Crypto Market Wednesday

ALL BEST ICO (ALLBI) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 56.05% to $0.0006973243405.

Highly Volatile

InvestorsObserver gives ALL BEST ICO a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge tracks the previous 60 days, meaning that one day won’t make or break the score. ALLBI’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.

ALL BEST ICO price is favorably positioned going forward. With support around $-0.000286464744230939 and resistance set at $0.00173540984794291. This leaves ALL BEST ICO with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Source: Investors Observer

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