WeOwn (CHX) has been relatively less volatile compared to the crypto market. So far Sunday, the crypto has added 28.46% to $0.001122803522.
Low Volatility
InvestorsObserver gives WeOwn a low volatility rank of 14, placing it in the bottom 14% 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.
CHX’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.
WeOwn price is trading near resistance. With support near $0.000699734153734658 and resistance set at $0.0012212871937511. This leaves WeOwn 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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