Viacoin (VIA) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has fallen 0.33% to $0.03755772877.
Highly Volatile
InvestorsObserver gives Viacoin a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.
VIA’s high volatility reading is coupled 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.
Viacoin price is in a favorable position going forward. With support set at $0.0364339002788429 and resistance at $0.0381404036105041. This leaves Viacoin 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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