Okcash (OK), High Volatility and Falling Saturday: Is it Time to Cash Out?
Saturday, November 12, 2022 02:11 PM | InvestorsObserver Analysts
Okcash (OK) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has dropped 1.61% to $0.00581321487.
InvestorsObserver is giving Okcash a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Okcash!
InvestorsObserver gives Okcash a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will.
OK's high volatility reading comes 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 well positioned going forward. With support set at $0.00538999543960592 and resistance near $0.0063790767776539. 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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