ABBC Coin (ABBC) Rises 4.6%, Outperforms the Crypto Market Friday

Friday, August 25, 2023 06:46 PM | InvestorsObserver Analysts

ABBC Coin (ABBC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 4.6% to $0.05332370031.

InvestorsObserver is giving ABBC Coin a 39 Volatility Rank. Find out what this means to you and get the rest of the rankings on ABBC Coin!
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Moderately Volatile

InvestorsObserver gives ABBC Coin a moderate volatility rank of 39, placing it in the bottom 39% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. ABBC'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.

ABBC Coin price is trading near resistance. With support near $0.0485499748974849 and resistance at $0.053433525004964. This leaves ABBC Coin 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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