AquariusCoin (ARCO), High Volatility and Falling Wednesday: Is it Time to Cash Out?

Wednesday, January 26, 2022 03:42 PM | InvestorsObserver Analysts

AquariusCoin (ARCO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has dropped 27.37% to $0.04297417731.

InvestorsObserver is giving AquariusCoin a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on AquariusCoin!

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Highly Volatile

InvestorsObserver gives AquariusCoin a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. ARCO's high volatility reading is paired 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.

AquariusCoin price is in a favorable position going forward. With support near $0.0185774209456664 and resistance set at $0.0545650104539615. This leaves AquariusCoin 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.