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Qcash (QC) Rises 1.36%, Underperforms the Crypto Market Friday

Friday, April 01, 2022 01:22 PM | InvestorsObserver Analysts
Qcash (QC) Rises 1.36%, Underperforms the Crypto Market Friday

Qcash (QC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has advanced 1.36% to $0.1403882111.

volatility - 3
InvestorsObserver is giving Qcash a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Qcash!

Low Volatility

InvestorsObserver gives Qcash a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.

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

Qcash price is trading near resistance. With support around $0.137253865166711 and resistance set at $0.140490248366402. This leaves Qcash with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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