PoSW Coin (POSW), Low Volatility but Falling Tuesday: Is it Time to Cash Out?

Tuesday, April 26, 2022 11:47 AM | InvestorsObserver Analysts

PoSW Coin (POSW) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has declined 0.44% to $0.005070455067.

InvestorsObserver is giving PoSW Coin a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on PoSW Coin!

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Low Volatility

InvestorsObserver gives PoSW Coin a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. POSW's low volatility reading comes 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.

PoSW Coin price is favorably positioned going forward. With support at $0.00493351195067217 and resistance around $0.00521345075279524. This leaves PoSW Coin 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.