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Cosmo Coin (COSM) Falls 0.32%, Underperforms the Crypto Market Saturday

Saturday, January 08, 2022 05:01 PM | InvestorsObserver Analysts
Cosmo Coin (COSM) Falls 0.32%, Underperforms the Crypto Market Saturday

Cosmo Coin (COSM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has declined 32.25% to $0.0002100742.

volatility - 65
InvestorsObserver is giving Cosmo Coin a 65 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cosmo Coin!

Moderately Volatile

InvestorsObserver gives Cosmo Coin a moderate volatility rank of 65, placing it in the top 35% of cryptos on the market.

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

Cosmo Coin price is in a favorable position going forward. With support near $0.000129182880916763 and resistance set at $0.000259295775029007. This positions Cosmo Coin with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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