ROIyal Coin (ROCO) Rises 1.75%, Underperforms the Crypto Market Saturday

Saturday, December 18, 2021 07:23 PM | InvestorsObserver Analysts

ROIyal Coin (ROCO) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has increased 1.75% to $0.002808518884.

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

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Highly Volatile

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

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ROCO's high volatility reading is paired 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.

ROIyal Coin price is trading near resistance. With support around $0.0027178044998655 and resistance set at $0.00282072775155398. This positions ROIyal Coin with potential selling pressures ahead as it may be getting over extended.

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.