Citadel (CTL), Moderate Volatility and Falling Sunday: Is it Time to Cash Out?

Sunday, December 19, 2021 08:01 PM | InvestorsObserver Analysts

Citadel (CTL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has lost 41.5% to $0.003278479369.

InvestorsObserver is giving Citadel a 71 Volatility Rank. Find out what this means to you and get the rest of the rankings on Citadel!

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Moderately Volatile

InvestorsObserver gives Citadel a moderate volatility rank of 71, placing it in the top 29% of cryptos on the market.

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

Citadel price is well positioned going forward. With support at $0.000881420007751152 and resistance near $0.00475621493703948. This positions Citadel 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.