Freedomcoin (FREED) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has gained 41.55% to $0.04938308103.
InvestorsObserver is giving Freedomcoin a 81 Volatility Rank. Find out what this means to you and get the rest of the rankings on Freedomcoin!
Highly Volatile
InvestorsObserver gives Freedomcoin a high volatility rank of 81, placing it in the top 19% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. FREED'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.
Freedomcoin price is trading near resistance. With support set at $0.0268835803945586 and resistance around $0.0508724568863437. This positions Freedomcoin with potential selling pressures ahead as it may be getting over extended.