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FirstCoin (FRST) Down 0% Friday: What's Next?

Friday, September 23, 2022 07:32 AM | InvestorsObserver Analysts
FirstCoin (FRST) Down 0% Friday: What's Next?

FirstCoin (FRST) has been relatively less volatile compared to the crypto market. So far Friday, the crypto has fallen 0.31% to $0.0004412792704.

volatility - 24
InvestorsObserver is giving FirstCoin a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on FirstCoin!

Low Volatility

InvestorsObserver gives FirstCoin a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. FRST's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

FirstCoin price is favorably positioned going forward. With support near $0.000425687944331199 and resistance around $0.000454601639463559. This leaves FirstCoin 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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