Citadel (CTL) Falls 0.3%, Underperforms the Crypto Market Thursday

Thursday, April 27, 2023 09:02 AM | InvestorsObserver Analysts

Citadel (CTL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has lost 29.85% to $0.006065822372.

InvestorsObserver is giving Citadel a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Citadel!

Moderately Volatile

InvestorsObserver gives Citadel a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

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

Citadel price is well positioned going forward. With support near $0.0039012884654589 and resistance near $0.00719642694373801. This positions Citadel 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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