Freicoin (FRC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has lost 0.06% to $0.003700451423.
Moderately Volatile
InvestorsObserver gives Freicoin a moderate volatility rank of 28, placing it in the bottom 28% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
FRC’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Freicoin price is favorably positioned going forward. With support set at $0.00369179428365617 and resistance around $0.00370745261010318. This positions Freicoin 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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