TerraKRW (KRT), High Volatility and Rising Monday: Is it Time to Cash Out?

Monday, May 30, 2022 06:28 AM | InvestorsObserver Analysts

TerraKRW (KRT) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has increased 124.19% to $0.00004280612688.

InvestorsObserver is giving TerraKRW a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on TerraKRW!

See Full Report

Highly Volatile

InvestorsObserver gives TerraKRW a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. KRT's high volatility reading pairs 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.

TerraKRW price is trading above resistance. With support near $0.0000148294857151909 and resistance near $0.0000276216560248854. This leaves TerraKRW 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.