Deutsche eMark (DEM) has been relatively less volatile compared to the crypto market. So far Wednesday, the crypto has gained 0.7% to $0.004760475031.
Low Volatility
InvestorsObserver gives Deutsche eMark a low volatility rank of 14, placing it in the bottom 14% 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.
DEM'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.
Deutsche eMark price is in a good position going forward. With support at $0.00465087404364969 and resistance near $0.00481107922161247. This leaves Deutsche eMark 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.
