CryptoVerificationCoin (CVCC) Rises 91.76%, Outperforms the Crypto Market Friday

Friday, January 14, 2022 05:48 PM | InvestorsObserver Analysts

CryptoVerificationCoin (CVCC) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has gained 91.76% to $0.007350832981.

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

See Full Report

Highly Volatile

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

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. CVCC'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.

CryptoVerificationCoin price is trading near resistance. With support set at $0.00203003643870794 and resistance at $0.00743913955845379. This positions CryptoVerificationCoin with potential selling pressures ahead as it may be getting over extended.

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.