Quantis Network (QUAN) Rises 0.02%, Underperforms the Crypto Market Thursday

Thursday, January 13, 2022 08:55 AM | InvestorsObserver Analysts

Quantis Network (QUAN) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has advanced 0.02% to $0.0004382008195.

InvestorsObserver is giving Quantis Network a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Quantis Network!

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Highly Volatile

InvestorsObserver gives Quantis Network a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. QUAN'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.

Quantis Network price is favorably positioned going forward. With support at $0.000428484138116884 and resistance around $0.000444547968233647. This positions Quantis Network 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.