Freicoin (FRC) Rises 3.94%, Outperforms the Crypto Market Tuesday

Tuesday, June 20, 2023 02:43 PM | InvestorsObserver Analysts

Freicoin (FRC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has added 3.94% to $0.0008379680981.

InvestorsObserver is giving Freicoin a 69 Volatility Rank. Find out what this means to you and get the rest of the rankings on Freicoin!

Moderately Volatile

InvestorsObserver gives Freicoin a moderate volatility rank of 69, placing it in the top 31% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. FRC's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Freicoin price is trading above resistance. With support near $0.000794382596891065 and resistance around $0.000813438446297933. This leaves Freicoin out of range and potentially in a volatile position if the rally burns out.

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.

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