Stipend (SPD) Up 0.26% Tuesday: What's Next?

Tuesday, November 01, 2022 05:16 PM | InvestorsObserver Analysts

Stipend (SPD) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has advanced 0.26% to $0.001473898464.

InvestorsObserver is giving Stipend a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on Stipend!

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Highly Volatile

InvestorsObserver gives Stipend a high volatility rank of 82, placing it in the top 18% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. SPD'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.

Stipend price is favorably positioned going forward. With support around $0.00145476117168408 and resistance near $0.00149132722426992. This positions Stipend 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.