Zero (ZER) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has added 58.72% to $0.01523820125.
InvestorsObserver gives Zero a high volatility rank of 94, placing it in the top 6% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
ZER’s high volatility reading is paired 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.
Zero price is trading near resistance. With support around $0.00583100814215132 and resistance near $0.0166377269833464. This positions Zero with potential selling pressures ahead as it may be getting over extended.
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.