First coin (FIRST) has been relatively less volatile compared to other cryptocurrencies. So far on Saturday, the crypto has risen 8.4% to $0.0005171786025.
low volatility
InvestorsObserver gives FirstCoin a low volatility range of 22, putting it in the bottom 22% of cryptocurrencies on the market.
The volatility indicator is trailing, which means that a day will not define your volatility range, but rather a trend. FRST's low volatility reading comes with a low reading on the risk/reward indicator, meaning the coin has relatively narrow price fluctuations and is well protected against price manipulation.
FirstCoin price is trading near resistance. With support at $0.000450939056246852 and resistance set at $0.00052938034037811. This leaves FirstCoin with potential selling pressures ahead as it may be getting too spread 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 these payments can vary from general use in the digital money subclass to more specific uses in some other subclasses.
