GoByte (GBX) Falls 0.57%, Underperforms the Crypto Market Friday

GoByte (GBX) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has declined 56.6% to $0.005963388273.

volatility - 94
InvestorsObserver is giving GoByte a 94 Volatility Rank. Find out what this means to you and get the rest of the rankings on GoByte!

Highly Volatile

InvestorsObserver gives GoByte a high volatility rank of 94, placing it in the top 6% of cryptos on the market.

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

GBX’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.

GoByte price is favorably positioned going forward. With support near $0.00318972995669686 and resistance around $0.00950841276140057. This leaves GoByte with room to run before facing selling pressures.

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.

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Cardano (ADA) Beats Dogecoin, Ethereum and Bitcoin in On-Chain Transfer Volume Growth
Next post Bitcoin Whales Turn Bearish?, What’s In Store For The Weekend

Fatal error: Uncaught Error: Call to undefined function jnews_encode_url() in /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-content/plugins/jnews-social-share/class.jnews-select-share.php:225 Stack trace: #0 /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-content/plugins/jnews-social-share/class.jnews-select-share.php(357): JNews_Select_Share::get_select_share_data('facebook', false) #1 /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-content/plugins/jnews-social-share/class.jnews-select-share.php(65): JNews_Select_Share->build_social_button('facebook') #2 /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-includes/class-wp-hook.php(303): JNews_Select_Share->render_select_share('') #3 /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-includes/class-wp-hook.php(327): WP_Hook->apply_filters(NULL, Array) #4 /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-includes/plugin.php(470): WP_Hook->do_action(Array) #5 /homepages/36/d855603311/htdocs/clickandbuil in /homepages/36/d855603311/htdocs/clickandbuilds/ChainRadar/wp-content/plugins/jnews-social-share/class.jnews-select-share.php on line 225