Viacoin (VIA) Rises 2.71%, Outperforms the Crypto Market Tuesday

Tuesday, July 18, 2023 12:34 PM | InvestorsObserver Analysts

Viacoin (VIA) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has advanced 2.71% to $0.03320356174.

InvestorsObserver is giving Viacoin a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Viacoin!
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Highly Volatile

InvestorsObserver gives Viacoin a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. VIA's high volatility reading is coupled 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.

Viacoin price is favorably positioned going forward. With support at $0.0304996636316435 and resistance at $0.0344819076910869. This leaves Viacoin 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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