Castle (CSTL) Down 0.3% Thursday: What's Next?

Thursday, February 03, 2022 11:14 AM | InvestorsObserver Analysts

Castle (CSTL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has lost 30.22% to $0.0008860564631.

InvestorsObserver is giving Castle a 73 Volatility Rank. Find out what this means to you and get the rest of the rankings on Castle!

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Moderately Volatile

InvestorsObserver gives Castle a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. CSTL'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.

Castle price is favorably positioned going forward. With support near $0.000430932199057841 and resistance at $0.00112515279365396. This positions Castle 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.