EOS (EOS) has been relatively less volatile compared to the crypto market. So far Tuesday, the Digital Money has gained 0.78% to $0.8866963086.
InvestorsObserver is giving EOS a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on EOS!
Low volatility
InvestorsObserver gives EOS a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will. EOS’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
EOS price is trading near resistance. With support set at $0.872014799109264 and resistance set at $0.88768593310432. This leaves EOS 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.
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