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Kurrent (KURT) Rises 2.79%, Underperforms the Crypto Market Friday

Friday, August 05, 2022 06:25 PM | InvestorsObserver Analysts
Kurrent (KURT) Rises 2.79%, Underperforms the Crypto Market Friday

Kurrent (KURT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has gained 2.79% to $0.002317162999.

volatility - 65
InvestorsObserver is giving Kurrent a 65 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kurrent!

Moderately Volatile

InvestorsObserver gives Kurrent a moderate volatility rank of 65, placing it in the top 35% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. KURT's moderate volatility reading is coupled 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 trading above resistance. With support at $0.00222862569145774 and resistance at $0.00229985650159334. This positions Kurrent 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.

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