ODUWA (OWC) Rises 67.35%, Outperforms the Crypto Market Monday

Monday, January 10, 2022 06:26 PM | InvestorsObserver Analysts

ODUWA (OWC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has gained 67.35% to $0.4072946823.

InvestorsObserver is giving ODUWA a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on ODUWA!

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Highly Volatile

InvestorsObserver gives ODUWA a high volatility rank of 79, placing it in the top 21% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. OWC's high volatility reading pairs 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 set at $0.185854993603479 and resistance set at $0.357348494074594. This positions 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.