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ODUWA (OWC) Rises 265.09%, Outperforms the Crypto Market Saturday

Saturday, December 04, 2021 04:08 PM | InvestorsObserver Analysts
ODUWA (OWC) Rises 265.09%, Outperforms the Crypto Market Saturday

ODUWA (OWC) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has gained 265.09% to $0.4070872125, hitting a five-day high.

volatility - 83
InvestorsObserver is giving ODUWA a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on ODUWA!

Highly Volatile

InvestorsObserver gives ODUWA a high volatility rank of 83, placing it in the top 17% of cryptos on the market. The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. OWC'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. ODUWA price is trading above resistance. With support around $-0.038423410187687 and resistance set at $0.389486880470787. This leaves ODUWA 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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