ReddCoin (RDD) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Content has increased 67.56% to $0.0003329701539.
InvestorsObserver is giving ReddCoin a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on ReddCoin!
Highly Volatile
InvestorsObserver gives ReddCoin a high volatility rank of 92, placing it in the top 8% 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. RDD's high volatility reading comes 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.
ReddCoin price is trading above resistance. With support at $0.000141444345867162 and resistance near $0.000307707340620359. This positions ReddCoin out of range and potentially in a volatile position if the rally burns out.