Qwertycoin (QWC) Rises 65.45%, Outperforms the Crypto Market Friday

Friday, June 24, 2022 02:06 PM | InvestorsObserver Analysts

Qwertycoin (QWC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has added 65.45% to $0.000001339154803.

InvestorsObserver is giving Qwertycoin a 77 Volatility Rank. Find out what this means to you and get the rest of the rankings on Qwertycoin!

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Highly Volatile

InvestorsObserver gives Qwertycoin a high volatility rank of 77, placing it in the top 23% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. QWC's high volatility reading pairs 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.

Qwertycoin price is trading above resistance. With support set at $0.000000629452680858231 and resistance set at $0.00000116918014713374. This positions Qwertycoin 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.