Kommunitas (KOM) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has increased 5.11% to $0.004261381639.
InvestorsObserver is giving Kommunitas a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kommunitas!
Highly Volatile
InvestorsObserver gives Kommunitas a high volatility rank of 99, placing it in the top 1% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. KOM's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Kommunitas price is trading above resistance. With support near $0.00394665985695797 and resistance at $0.00417444040395099. This leaves Kommunitas out of range and potentially in a volatile position if the rally burns out.
