ColossusXT (COLX) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has gained 175.24% to $0.0003862235918.
Highly Volatile
InvestorsObserver gives ColossusXT a high volatility rank of 96, placing it in the top 4% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
COLX’s high volatility reading pairs 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.
ColossusXT price is trading above resistance. With support around $0.0000427009445311721 and resistance near $0.000315249592885304. This leaves ColossusXT out of range and potentially in a volatile position if the rally burns out.
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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