KZ Cash (KZC) has been relatively more volatile compared to other cryptocurrencies. So far on Friday, the cryptocurrency has risen 12.82% to $0.001493541635.
Highly volatile
InvestorsObserver gives KZ Cash a high volatility rank of 98, putting it in the top 2% of cryptocurrencies on the market.
The volatility indicator follows this and makes your score defined by recent trends, rather than a bad day. KZC'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.
KZ Cash price is well positioned going forward. With support set at USD 0.00021246288618742 and resistance around USD 0.00354092245637177. This leaves KZ Cash 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.
