Cosmo Coin (COSM) Falls 0%, Outperforms the Crypto Market Thursday

Thursday, July 13, 2023 08:42 AM | InvestorsObserver Analysts

Cosmo Coin (COSM) has been relatively less volatile compared to the crypto market. So far Thursday, the crypto has lost 0.01% to $0.0002790008157.

InvestorsObserver is giving Cosmo Coin a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cosmo Coin!

Low Volatility

InvestorsObserver gives Cosmo Coin a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. COSM's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Cosmo Coin price is in a good position going forward. With support at $0.000278700239856813 and resistance set at $0.0002793455299857. This leaves Cosmo Coin with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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