Datacoin (DTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has fallen 1.13% to $0.0001902499807.
Low Volatility
InvestorsObserver gives Datacoin a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
DTC’s low volatility reading pairs 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.
Datacoin price is in a favorable position going forward. With support set at $0.000187692810050443 and resistance set at $0.000191855108915128. This leaves Datacoin 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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