OTOCASH (OTO) Rises 900.58%, Outperforms the Crypto Market Saturday

Saturday, April 02, 2022 12:15 PM | InvestorsObserver Analysts

OTOCASH (OTO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Digital Money has increased 900.58% to $0.08003115565.

InvestorsObserver is giving OTOCASH a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on OTOCASH!

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Highly Volatile

InvestorsObserver gives OTOCASH a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. OTO's high volatility reading is paired 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.

OTOCASH price is trading above resistance. With support at $-0.0160207539232709 and resistance at $0.0560332084638737. This leaves OTOCASH 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.