Factom (FCT) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has advanced 88.57% to $0.3082508669.
InvestorsObserver is giving Factom a 86 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 86, placing it in the top 14% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. FCT's high volatility reading is coupled 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 trading above resistance. With support at $0.0980313263277902 and resistance at $0.285992830191125. This positions Factom out of range and potentially in a volatile position if the rally burns out.