Noir (NOR) Falls 0.77%, Underperforms the Crypto Market Sunday

Sunday, January 22, 2023 12:54 PM | InvestorsObserver Analysts

Noir (NOR) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has declined 77.08% to $0.001145944561.

InvestorsObserver is giving Noir a 94 Volatility Rank. Find out what this means to you and get the rest of the rankings on Noir!

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Highly Volatile

InvestorsObserver gives Noir a high volatility rank of 94, placing it in the top 6% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. NOR's high volatility reading is paired 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.

Noir price is in a favorable position going forward. With support at $-0.000484403133656739 and resistance set at $0.00339218773480141. This positions Noir 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.