Orbitcoin (ORB) Up 4.86% Wednesday: What's Next?

Wednesday, January 26, 2022 09:24 AM | InvestorsObserver Analysts

Orbitcoin (ORB) has been relatively less volatile compared to the crypto market. So far Wednesday, the crypto has gained 4.86% to $0.1598220254.

InvestorsObserver is giving Orbitcoin a 8 Volatility Rank. Find out what this means to you and get the rest of the rankings on Orbitcoin!

See Full Report

Low Volatility

InvestorsObserver gives Orbitcoin a low volatility rank of 8, placing it in the bottom 8% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ORB's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Orbitcoin price is trading above resistance. With support at $0.148914928402384 and resistance set at $0.155841911997279. This positions Orbitcoin 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.