VoteCoin (VOT) Rises 6.7%, Outperforms the Crypto Market Monday

Monday, March 28, 2022 03:18 PM | InvestorsObserver Analysts

VoteCoin (VOT) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the crypto has increased 6.7% to $0.000478391518.

InvestorsObserver is giving VoteCoin a 11 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 11, placing it in the bottom 11% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. 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 near $0.000439058102439873 and resistance around $0.000462960612732701. 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.