Factom (FCT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has dropped 43.83% to $0.1524550531.
InvestorsObserver is giving Factom a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on Factom!
Highly Volatile
InvestorsObserver gives Factom a high volatility rank of 82, placing it in the top 18% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. FCT's high volatility reading pairs 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.
Factom price is in a good position going forward. With support set at $0.0640681097997547 and resistance set at $0.223262147117984. This leaves Factom with room to run before facing selling pressures.