Centurion (CNT) Down 0.02% Monday: What's Next?

Monday, January 17, 2022 10:02 AM | InvestorsObserver Analysts

Centurion (CNT) has been relatively less volatile compared to the crypto market. So far Monday, the crypto has lost 1.51% to $0.0004263871887.

InvestorsObserver is giving Centurion a 6 Volatility Rank. Find out what this means to you and get the rest of the rankings on Centurion!

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Low Volatility

InvestorsObserver gives Centurion a low volatility rank of 6, placing it in the bottom 6% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. CNT's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Centurion price is trading near resistance. With support at $0.000419847147059755 and resistance at $0.000427304974510463. This positions Centurion with potential selling pressures ahead as it may be getting over extended.

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.