pore (PHR) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Sunday, the cryptocurrency has gained 20.99% to $0.001446941842.
Highly volatile
InvestorsObserver It gives Phore a high volatility range of 90, putting it in the top 10% of cryptocurrencies on the market.
The volatility indicator tracks this, meaning that the ranking represents your recent trends and is not overly influenced by a sudden spike (or two) in volatility. PHR's high volatility reading comes with a low reading on the risk/reward indicator, meaning the coin has relatively wide price swings and is well protected against price manipulation.
Phore price is trading above the resistance. With support set at 0.00118076933544733 and resistance set at 0.00120974708811053. This puts Phore out of range and potentially in a volatile position if the rally peters 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 those payments can vary from general use in the Digital Money subclass to more specific uses in some other subclasses.
