Peercoin (PPC) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Digital Money has added 12.64% to $0.5584664818.
InvestorsObserver is giving Peercoin a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on Peercoin!
Low Volatility
InvestorsObserver gives Peercoin a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. PPC'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.
Peercoin price is trading above resistance. With support near $0.474948779659882 and resistance around $0.524726674872055. This positions Peercoin out of range and potentially in a volatile position if the rally burns out.