AquariusCoin (ARCO) Rises 79.42%, Outperforms the Crypto Market Wednesday

Wednesday, January 05, 2022 11:53 AM | InvestorsObserver Analysts

AquariusCoin (ARCO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has increased 79.42% to $0.05526922252.

InvestorsObserver is giving AquariusCoin a 47 Volatility Rank. Find out what this means to you and get the rest of the rankings on AquariusCoin!

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Moderately Volatile

InvestorsObserver gives AquariusCoin a moderate volatility rank of 47, placing it in the bottom 47% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. ARCO's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

AquariusCoin price is trading above resistance. With support around $0.0219618935873964 and resistance at $0.0480303314319112. This leaves AquariusCoin 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.