My DeFi Pet (DPET) Rises 36.11%, Outperforms the Crypto Market Sunday

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Sunday, July 02, 2023 06:31 AM | InvestorsObserver Analysts

My DeFi Pet (DPET) Rises 36.11%, Outperforms the Crypto Market Sunday

My DeFi Pet (DPET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has increased 36.11% to $0.04497925012.

volatility - 64
InvestorsObserver is giving My DeFi Pet a 64 Volatility Rank. Find out what this means to you and get the rest of the rankings on My DeFi Pet!

Moderately Volatile

InvestorsObserver gives My DeFi Pet a moderate volatility rank of 64, placing it in the top 36% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.

DPET’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

My DeFi Pet price is trading above resistance. With support at $0.028225207177489 and resistance near $0.0401559634483745. This leaves My DeFi Pet out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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