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Commercium (CMM) Rises 54.19%, Outperforms the Crypto Market Friday

Friday, August 05, 2022 06:26 PM | InvestorsObserver Analysts
Commercium (CMM) Rises 54.19%, Outperforms the Crypto Market Friday

Commercium (CMM) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has added 54.19% to $0.0003475744499.

volatility - 90
InvestorsObserver is giving Commercium a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on Commercium!

Highly Volatile

InvestorsObserver gives Commercium a high volatility rank of 90, placing it in the top 10% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. CMM's high volatility reading is paired 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.

Commercium price is trading above resistance. With support at $0.000184537925929757 and resistance at $0.000307135687149125. This positions Commercium 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.

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