AtromG8 (AG8) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Monday, the cryptocurrency has risen 42.57% to $0.005958280082.
Highly volatile
InvestorsObserver gives AtromG8 a high volatility rank of 97, putting it in the top 3% of cryptocurrencies on the market.
The volatility indicator takes into account the meaning that one day will neither make nor break your ranking. AG8's high volatility reading is combined with a low reading on the risk/reward indicator, meaning the coin has relatively wide price swings and is well protected against price manipulation.
AtromG8 price is trading above the resistance. With support near $0.00417746792605919 and resistance near $0.00418122301868004. This puts AtromG8 out of range and potentially in a volatile position if the rally peters out.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. These are normally used for payments. Depending on the cryptocurrency, the use of those payments can vary from general use in the Digital Money subclass to more specific uses in some other subclasses.