Cream (CRM), Moderate Volatility and Falling Monday: Is it Time to Cash Out?

Monday, April 04, 2022 09:46 AM | InvestorsObserver Analysts

Cream (CRM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has declined 25.95% to $0.0002771116166.

InvestorsObserver is giving Cream a 73 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cream!

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Moderately Volatile

InvestorsObserver gives Cream a moderate volatility rank of 73, placing it in the top 27% 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. CRM's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Cream price is in a favorable position going forward. With support set at $0.000194742036824354 and resistance around $0.000324354868921691. This positions Cream 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.