Zero (ZER) Up 40.91% Monday: What's Next?

Monday, January 30, 2023 01:50 PM | InvestorsObserver Analysts

Zero (ZER) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has advanced 40.91% to $0.02452797212.

InvestorsObserver is giving Zero a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Zero!

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Highly Volatile

InvestorsObserver gives Zero a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ZER's high volatility reading is paired 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.

Zero price is in a good position going forward. With support at $0.0103018572331625 and resistance set at $0.0297386310772258. This leaves Zero with room to run before facing selling pressures.

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.