Viacoin (VIA) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has fallen 79.65% to $0.04019156898.
InvestorsObserver gives Viacoin a high volatility rank of 98, placing it in the top 2% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
VIA’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.
Viacoin price is well positioned going forward. With support near $-0.0260633093308975 and resistance set at $0.135056006442351. This positions Viacoin 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.
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