FYDcoin (FYD) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the Digital Money has lost 57.27% to $0.0001533854764.
Highly VolatileInvestorsObserver gives FYDcoin a high volatility rank of 80, placing it in the top 20% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. FYD's high volatility reading comes 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.
FYDcoin price is in a favorable position going forward. With support at $0.0000921057513011759 and resistance around $0.000284865542690284. This leaves FYDcoin with room to run before facing selling pressures.