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OKCash (OK) Falls 0.34%, Underperforms the Crypto Market Friday

Friday, June 17, 2022 05:55 PM | InvestorsObserver Analysts
OKCash (OK) Falls 0.34%, Underperforms the Crypto Market Friday

OKCash (OK) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has declined 34.14% to $0.002878512352.

volatility - 90
InvestorsObserver is giving OKCash a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on OKCash!

Highly Volatile

InvestorsObserver gives OKCash a high volatility rank of 90, placing it in the top 10% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. OK'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.

OKCash price is in a good position going forward. With support near $0.00171385441896789 and resistance set at $0.00357586650167876. This leaves OKCash 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.

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