Anoncoin (ANC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has gained 50.46% to $0.05717608242.
Moderately Volatile
InvestorsObserver gives Anoncoin a moderate volatility rank of 40, placing it in the bottom 40% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
ANC’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Anoncoin price is trading above resistance. With support near $0.0317914538710228 and resistance set at $0.0502308846144787. This leaves Anoncoin 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.
