BUZZCoin (BUZZ) Down 0.29% Saturday: What's Next?

Saturday, January 08, 2022 07:46 PM | InvestorsObserver Analysts

BUZZCoin (BUZZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has declined 28.73% to $0.0000263181151.

InvestorsObserver is giving BUZZCoin a 34 Volatility Rank. Find out what this means to you and get the rest of the rankings on BUZZCoin!

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Moderately Volatile

InvestorsObserver gives BUZZCoin a moderate volatility rank of 34, placing it in the bottom 34% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. BUZZ's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

BUZZCoin price is well positioned going forward. With support set at $0.0000183313658254193 and resistance near $0.0000299172605792266. This leaves BUZZCoin 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.