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Signum (SIGNA) Rises 0.1%, Underperforms the Crypto Market Friday

Friday, March 01, 2024 09:24 AM | InvestorsObserver Analysts
Signum (SIGNA) Rises 0.1%, Underperforms the Crypto Market Friday

Signum (SIGNA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 0.1% to $0.00121079829.

volatility - 48
InvestorsObserver is giving Signum a 48 Volatility Rank. Find out what this means to you and get the rest of the rankings on Signum!

Moderately Volatile

InvestorsObserver gives Signum a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. SIGNA's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Signum price is favorably positioned going forward. With support at $0.00114528557936346 and resistance at $0.00127512323855108. This positions Signum 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.

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