Factom (FCT) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has increased 62.14% to $0.298736045.
InvestorsObserver is giving Factom a 88 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 88, placing it in the top 12% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. 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 trading above resistance. With support at $0.138360534073073 and resistance around $0.272118497849662. This leaves Factom out of range and potentially in a volatile position if the rally burns out.