Graviocoin (GIO) Rises 3.96%, Outperforms the Crypto Market Saturday

Saturday, March 23, 2024 06:57 AM | InvestorsObserver Analysts

Graviocoin (GIO) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has increased 3.96% to $0.01355364815.

InvestorsObserver is giving Graviocoin a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Graviocoin!
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Highly Volatile

InvestorsObserver gives Graviocoin a high volatility rank of 99, placing it in the top 1% 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. GIO's high volatility reading is paired 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.

Graviocoin price is favorably positioned going forward. With support at $0.0119945476336263 and resistance at $0.0146862114352964. This leaves Graviocoin with room to run before facing selling pressures.

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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