Hertz Network (HTZ) Rises 2.26%, Underperforms the Crypto Market Thursday

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Thursday, July 13, 2023 12:18 PM | InvestorsObserver Analysts

Network Hertz (HTZ) has been relatively more volatile than the crypto market according to recent market analysis. So far on Thursday, the crypto has added 2.26% to $0.00001377250312.

volatility - 98
InvestorsObserver gives Hertz Network a volatility rank of 98. Find out what this means for you and get the rest of the rankings at Hertz Network!

highly volatile

InvestorsObserver gives Hertz Network a high volatility rank of 98, putting it in the top 2% of cryptos on the market.

The volatility indicator follows this, which means that the range represents your recent trends and is not influenced too much by a sudden spike, or two, in volatility. The high volatility reading on HTZ is combined with a low reading on the risk/reward indicator, which means that the coin has relatively wide price fluctuations and is well protected against price manipulation.

Hertz Network's pricing is favorably positioned going forward. With support around $-0.0000154153073900051 and resistance set at $0.0000711856639818035. This positions Hertz Network with room to operate before facing selling pressures.

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.

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