Streamit Coin (STREAM) Rises 842.37%, Outperforms the Crypto Market Saturday

Saturday, January 01, 2022 07:24 AM | InvestorsObserver Analysts

Streamit Coin (STREAM) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the Content has gained 842.37% to $0.004523437593.

InvestorsObserver is giving Streamit Coin a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Streamit Coin!

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Highly Volatile

InvestorsObserver gives Streamit Coin a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. STREAM's high volatility reading is coupled 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.

Streamit Coin price is trading above resistance. With support at $-0.000963839159211498 and resistance at $0.00335684563209826. This leaves Streamit Coin 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.