Kurrent (KURT) Rises 0.3%, Underperforms the Crypto Market Sunday

Sunday, June 19, 2022 10:08 AM | InvestorsObserver Analysts

Kurrent (KURT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has gained 0.3% to $0.0005782995117.

InvestorsObserver is giving Kurrent a 48 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kurrent!

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Moderately Volatile

InvestorsObserver gives Kurrent a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

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

Kurrent price is well positioned going forward. With support set at $0.000531191929047204 and resistance set at $0.000622014448316045. This positions Kurrent 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.