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Hedera (HBAR) Rises 0.35%, Outperforms the Crypto Market Monday

Monday, June 27, 2022 02:41 PM | InvestorsObserver Analysts
Hedera (HBAR) Rises 0.35%, Outperforms the Crypto Market Monday

Hedera (HBAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Payments/Other has added 0.35% to $0.07113504023.

volatility - 39
InvestorsObserver is giving Hedera a 39 Volatility Rank. Find out what this means to you and get the rest of the rankings on Hedera!

Moderately Volatile

InvestorsObserver gives Hedera a moderate volatility rank of 39, placing it in the bottom 39% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. HBAR'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.

Hedera price is well positioned going forward. With support around $0.0679169371183266 and resistance at $0.0746936201508393. This leaves Hedera 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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