Zetacoin (ZET) Rises 0.34%, Underperforms the Crypto Market Saturday

Saturday, May 28, 2022 11:04 AM | InvestorsObserver Analysts

Zetacoin (ZET) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has added 0.34% to $0.0005791217134.

InvestorsObserver is giving Zetacoin a 10 Volatility Rank. Find out what this means to you and get the rest of the rankings on Zetacoin!

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Low Volatility

InvestorsObserver gives Zetacoin a low volatility rank of 10, placing it in the bottom 10% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. ZET's low volatility reading comes 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.

Zetacoin price is well positioned going forward. With support set at $0.000566814793333689 and resistance near $0.000587221409719715. This leaves Zetacoin 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.