FreshCut Diamond (FCD) Falls 0.3%, Underperforms the Crypto Market Sunday

Sunday, April 16, 2023 01:50 PM | InvestorsObserver Analysts

FreshCut Diamond (FCD) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has fallen 29.67% to $0.01575899145.

InvestorsObserver is giving FreshCut Diamond a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on FreshCut Diamond!

Highly Volatile

InvestorsObserver gives FreshCut Diamond a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. FCD's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

FreshCut Diamond price is trading above resistance. With support at $0.0154767644747828 and resistance set at $0.0156502158537244. This positions FreshCut Diamond out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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