VoteCoin (VOT) Rises 17.07%, Outperforms the Crypto Market Tuesday

Tuesday, March 01, 2022 08:14 AM | InvestorsObserver Analysts

VoteCoin (VOT) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has added 17.07% to $0.0004476589186.

InvestorsObserver is giving VoteCoin a 9 Volatility Rank. Find out what this means to you and get the rest of the rankings on VoteCoin!

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Low Volatility

InvestorsObserver gives VoteCoin a low volatility rank of 9, placing it in the bottom 9% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. VOT's low volatility reading pairs 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 $0.000359177017246611 and resistance at $0.000421599465782992. 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.