Commercium (CMM) Rises 77.7%, Outperforms the Crypto Market Friday

Friday, February 04, 2022 02:40 PM | InvestorsObserver Analysts

Commercium (CMM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has gained 77.7% to $0.001498985377.

InvestorsObserver is giving Commercium a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Commercium!

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Moderately Volatile

InvestorsObserver gives Commercium a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. CMM'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.

Commercium price is trading above resistance. With support set at $0.000662553042834341 and resistance set at $0.00119891772066215. 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.