Grin (GRIN) Rises 76.23%, Outperforms the Crypto Market Friday

Friday, May 20, 2022 09:10 AM | InvestorsObserver Analysts

Grin (GRIN) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has advanced 76.23% to $0.1430313103.

InvestorsObserver is giving Grin a 67 Volatility Rank. Find out what this means to you and get the rest of the rankings on Grin!

See Full Report

Moderately Volatile

InvestorsObserver gives Grin a moderate volatility rank of 67, placing it in the top 33% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. GRIN's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Grin price is trading above resistance. With support around $0.0546585098269018 and resistance set at $0.128833755886796. This positions Grin 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.