kemacoin (SHIP) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Saturday, the cryptocurrency has lost 54.35% to $0.0002420434625.
Highly volatile
InvestorsObserver gives Kemacoin a high volatility rank of 91, putting it in the top 9% of cryptocurrencies on the market.
Below is the volatility indicator, which means that one day it will not define your volatility range, but a trend. KEMA's high volatility reading is accompanied by a low reading on the risk/reward indicator, which means the coin has relatively wide price swings and is well protected against price manipulation.
Kemacoin price is well positioned for the future. With support at $0.0000862745405863487 and resistance set at $0.000381845839506898. This leaves Kemacoin 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 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.
