Freicoin (FRC) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has fallen 4.94% to $0.001033929237.
InvestorsObserver is giving Freicoin a 77 Volatility Rank. Find out what this means to you and get the rest of the rankings on Freicoin!
Highly Volatile
InvestorsObserver gives Freicoin a high volatility rank of 77, placing it in the top 23% 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. FRC'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.
Freicoin price is trading above resistance. With support at $0.00101142490072502 and resistance set at $0.00102729987608595. This leaves Freicoin out of range and potentially in a volatile position if the rally burns out.