Martkist (MARTK) Falls 0.33%, Underperforms the Crypto Market Monday

Monday, February 21, 2022 08:41 AM | InvestorsObserver Analysts

Martkist (MARTK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has fallen 32.91% to $0.000906659998.

InvestorsObserver is giving Martkist a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on Martkist!

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Highly Volatile

InvestorsObserver gives Martkist a high volatility rank of 91, placing it in the top 9% of cryptos on the market.

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

Martkist price is well positioned going forward. With support around $0.000729228692888116 and resistance set at $0.00110961238091329. This positions Martkist 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.