FirstCoin (FRST) Rises 1.44%, Outperforms the Crypto Market Friday

Friday, March 31, 2023 10:48 AM | InvestorsObserver Analysts

FirstCoin (FRST) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has added 1.44% to $0.0005889998648.

InvestorsObserver is giving FirstCoin a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on FirstCoin!

Low Volatility

InvestorsObserver gives FirstCoin a low volatility rank of 22, placing it in the bottom 22% of cryptos on the market.

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

FirstCoin price is trading near resistance. With support set at $0.000569764849086928 and resistance near $0.000591789172785061. This leaves FirstCoin with potential selling pressures ahead as it may be getting over extended.

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.

Share this article: