Cook Finance (COOK) Rises 17.98%, Outperforms the Crypto … – InvestorsObserver

Cook Finance (COOK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Decentralized Finance has gained 17.98% to $0.00006189099208.

InvestorsObserver is giving Cook Finance a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cook Finance!

Highly Volatile

InvestorsObserver gives Cook Finance a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

COOK’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.

Cook Finance price is trading above resistance. With support near $0.000048396811582427 and resistance near $0.0000592610532131973. This positions Cook Finance 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.