Peseta Digital (PTD) Up 176.53% Monday: What's Next?

Monday, January 31, 2022 12:15 PM | InvestorsObserver Analysts

Peseta Digital (PTD) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has gained 176.53% to $0.004605508706.

InvestorsObserver is giving Peseta Digital a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Peseta Digital!

See Full Report

Highly Volatile

InvestorsObserver gives Peseta Digital a high volatility rank of 86, placing it in the top 14% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. PTD'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.

Peseta Digital price is trading above resistance. With support around $0.00164724275330132 and resistance at $0.00168370251869833. This leaves Peseta Digital 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.