CloakCoin (CLOAK) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has gained 2.07% to $0.09090133244.
Highly VolatileInvestorsObserver gives CloakCoin a high volatility rank of 95, placing it in the top 5% 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. CLOAK'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.
CloakCoin price is trading above resistance. With support near $0.0884472246339699 and resistance near $0.0898505638411423. This positions CloakCoin out of range and potentially in a volatile position if the rally burns out.