Hertz Network (HTZ) Rises 53.73%, Outperforms the Crypto Market Friday

Friday, February 04, 2022 09:07 AM | InvestorsObserver Analysts

Hertz Network (HTZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 53.73% to $0.0001364066134.

InvestorsObserver is giving Hertz Network a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on Hertz Network!

See Full SFP Report

Moderately Volatile

InvestorsObserver gives Hertz Network a moderate volatility rank of 75, placing it in the top 25% of cryptos on the market.

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

Hertz Network price is trading above resistance. With support around $0.0000825440474953174 and resistance set at $0.0000945935717252686. This positions Hertz Network 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.