Kurrent (KURT) Falls 0.02%, Outperforms the Crypto Market Monday

Monday, January 30, 2023 12:40 PM | InvestorsObserver Analysts

Kurrent (KURT) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the crypto has dropped 1.86% to $0.002548547163.

InvestorsObserver is giving Kurrent a 10 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kurrent!

Low Volatility

InvestorsObserver gives Kurrent a low volatility rank of 10, placing it in the bottom 10% of cryptos on the market.

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

Kurrent price is favorably positioned going forward. With support set at $0.00247651574287737 and resistance near $0.00257934586230839. This positions Kurrent 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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