Crown (CRW) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has gained 75.34% to $0.01321905431.
InvestorsObserver gives Crown a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
CRW’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.
Crown price is trading above resistance. With support around $0.00534029134951361 and resistance near $0.0118101143039001. This positions Crown 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.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.