ClearDAO (CLH) Falls 0.4%, Underperforms the Crypto Market Friday

Friday, January 21, 2022 12:58 PM | InvestorsObserver Analysts

ClearDAO (CLH) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has declined 40.08% to $0.1624434332.

InvestorsObserver is giving ClearDAO a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on ClearDAO!

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Highly Volatile

InvestorsObserver gives ClearDAO a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. CLH's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

ClearDAO price is in a good position going forward. With support at $0.124708157613162 and resistance at $0.223412868215922. This positions ClearDAO 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.