Humanode (HMND) Rises 26.26%, Outperforms the Crypto Market Saturday

Saturday, August 12, 2023 02:15 PM | InvestorsObserver Analysts

Humanode (HMND) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has advanced 26.26% to $0.05312734512.

InvestorsObserver is giving Humanode a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Humanode!
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Highly Volatile

InvestorsObserver gives Humanode a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. HMND'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.

Humanode price is trading above resistance. With support near $0.0381364172340754 and resistance near $0.0467708913625601. This positions Humanode 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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