Global Cryptocurrency (GCC) Rises 52.06%, Outperforms the Crypto Market Sunday

Sunday, January 23, 2022 11:10 AM | InvestorsObserver Analysts

Global Cryptocurrency (GCC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has advanced 52.06% to $0.00105938638.

InvestorsObserver is giving Global Cryptocurrency a 52 Volatility Rank. Find out what this means to you and get the rest of the rankings on Global Cryptocurrency!

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Moderately Volatile

InvestorsObserver gives Global Cryptocurrency a moderate volatility rank of 52, placing it in the top 48% 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. GCC's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Global Cryptocurrency price is trading above resistance. With support near $0.000560572144338208 and resistance around $0.000966735830758976. This positions Global Cryptocurrency out of range and potentially in a volatile position if the rally burns out.

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.