Oduwacoin (OWC) Falls 0.26%, Underperforms the Crypto Market Sunday

Sunday, April 09, 2023 06:25 PM | InvestorsObserver Analysts

Oduwacoin (OWC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has dropped 26.05% to $0.148770078.

InvestorsObserver is giving Oduwacoin a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Oduwacoin!
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Highly Volatile

InvestorsObserver gives Oduwacoin a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. OWC's high volatility reading pairs 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.

Oduwacoin price is in a good position going forward. With support set at $0.12006195925505 and resistance near $0.172182957756828. This leaves Oduwacoin 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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