Scholarship Coin (SCHO) Rises 111.04%, Outperforms the Crypto Market Saturday

Saturday, July 29, 2023 08:04 AM | InvestorsObserver Analysts

Scholarship Coin (SCHO) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has increased 111.04% to $0.0008440487888.

InvestorsObserver is giving Scholarship Coin a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on Scholarship Coin!

Low Volatility

InvestorsObserver gives Scholarship Coin a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. SCHO's low volatility reading is coupled 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.

Scholarship Coin price is trading above resistance. With support at $0.000251689124474801 and resistance around $0.00069632353456182. This positions Scholarship Coin 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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