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Denarius (D) Up 47.01% Monday: What's Next?

Monday, April 25, 2022 05:37 PM | InvestorsObserver Analysts
Denarius (D) Up 47.01% Monday: What's Next?

Denarius (D) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has increased 47.01% to $0.0838016259.

volatility - 80
InvestorsObserver is giving Denarius a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Denarius!

Highly Volatile

InvestorsObserver gives Denarius a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

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

Denarius price is trading near resistance. With support near $0.0419737499021239 and resistance around $0.0869865331612772. This leaves Denarius 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.

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