Growth DeFi (GRO) Falls 0.71%, Underperforms the Crypto Market Friday

Growth DeFi (GRO) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the Governance has declined 71.25% to $0.04487477477.

Highly Volatile

InvestorsObserver gives Growth DeFi a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

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

GRO’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.

Growth DeFi price is well positioned going forward. With support around $0.00152630426386979 and resistance set at $0.113073804158966. This leaves Growth DeFi with room to run before facing selling pressures.

What is a Token?

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

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