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VoteCoin (VOT) Falls 0.09%, Outperforms the Crypto Market Thursday

Thursday, February 24, 2022 06:48 AM | InvestorsObserver Analysts
VoteCoin (VOT) Falls 0.09%, Outperforms the Crypto Market Thursday

VoteCoin (VOT) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 9.05% to $0.0003518304834.

volatility - 8
InvestorsObserver is giving VoteCoin a 8 Volatility Rank. Find out what this means to you and get the rest of the rankings on VoteCoin!

Low Volatility

InvestorsObserver gives VoteCoin a low volatility rank of 8, placing it in the bottom 8% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. VOT'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.

VoteCoin price is trading above resistance. With support at $0.000332954488424027 and resistance at $0.000351373720643485. This leaves VoteCoin 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.

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