Centurion (CNT) Up 2.24% Tuesday: What's Next?

Tuesday, January 11, 2022 11:46 AM | InvestorsObserver Analysts

Centurion (CNT) has been relatively less volatile compared to the crypto market. So far Tuesday, the crypto has gained 2.24% to $0.0004277016848.

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 meaning that one day won't make or break its rank. CNT's low volatility reading is paired 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 above resistance. With support around $0.000403532905355678 and resistance around $0.000427562046414823. This positions Centurion 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.