Alpha Coin (APC), High Volatility and Rising Friday: Is it Time to Cash Out?

Friday, June 17, 2022 04:55 PM | InvestorsObserver Analysts

Alpha Coin (APC) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has gained 81.89% to $0.0001879872947.

InvestorsObserver is giving Alpha Coin a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on Alpha Coin!

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Highly Volatile

InvestorsObserver gives Alpha Coin a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. APC's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Alpha Coin price is trading above resistance. With support at $0.0000889747270378104 and resistance around $0.000112194068566412. This positions Alpha Coin out of range and potentially in a volatile position if the rally burns out.