KatKoyn (KAT) Up 0.04% Saturday: What's Next?

Saturday, April 29, 2023 07:22 AM | InvestorsObserver Analysts

KatKoyn (KAT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has added 0.04% to $0.002301728194.

InvestorsObserver is giving KatKoyn a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on KatKoyn!

Highly Volatile

InvestorsObserver gives KatKoyn a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

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

KatKoyn price is in a favorable position going forward. With support at $0.00173242383329406 and resistance around $0.00343549174880817. This leaves KatKoyn 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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