SiaCashCoin (SCC) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has declined 20.59% to $0.000004510044406.
Highly Volatile
InvestorsObserver gives SiaCashCoin a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
SCC’s high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
SiaCashCoin price is favorably positioned going forward. With support near $-0.000125883581071087 and resistance near $0.000263354632230637. This positions SiaCashCoin with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
