TerraKRW (KRT) Falls 0.01%, Underperforms the Crypto Market Thursday

Thursday, April 14, 2022 08:39 AM | InvestorsObserver Analysts

TerraKRW (KRT) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has dropped 1.48% to $0.000816133854.

InvestorsObserver is giving TerraKRW a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on TerraKRW!

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Low Volatility

InvestorsObserver gives TerraKRW a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. KRT's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

TerraKRW price is trading near resistance. With support near $0.000796819779231785 and resistance at $0.000820157093137143. This positions TerraKRW 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.