dovecoin (PGN) has been relatively more volatile compared to the crypto market. So far on Tuesday, the crypto is down 1.34% at $0.000002132660065.
![volatility - 99](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-99.jpg?ssl=1)
highly volatile
InvestorsObserver gives Pigeoncoin a high volatility range of 99, putting it in the top 1% of cryptocurrencies on the market.
The volatility indicator trails, which means that one day will not make or break its range. The high volatility reading on PGN 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.
The Pigeoncoin price is favorably positioned going forward. With support set at $-0.00000246371530180758 and resistance set at $0.0000112936198803553. This leaves Pigeoncoin 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 these payments can vary from general use in the digital money subclass to more specific uses in some other subclasses.