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Deutsche eMark (DEM), High Volatility and Falling Monday: Is it Time to Cash Out?

Monday, January 30, 2023 11:52 AM | InvestorsObserver Analysts
Deutsche eMark (DEM), High Volatility and Falling Monday: Is it Time to Cash Out?

Deutsche eMark (DEM) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has declined 1.74% to $0.002781498546.

volatility - 89
InvestorsObserver is giving Deutsche eMark a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on Deutsche eMark!

Highly Volatile

InvestorsObserver gives Deutsche eMark a high volatility rank of 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. DEM's high volatility reading is coupled 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.

Deutsche eMark price is in a favorable position going forward. With support at $0.00270462885032181 and resistance at $0.00281680712009554. This positions Deutsche eMark 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.

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