UCA Coin (UCA) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has lost 85% to $0.00006653201414.
Highly Volatile
InvestorsObserver gives UCA Coin a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.
UCA’s high volatility reading comes 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.
UCA Coin price is trading near support. With support around $0.000004648840043439 and resistance near $0.000261501217831603. This leaves UCA Coin space to rally before hitting resistance.
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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