PLATINCOIN (ANONYMOUS SOCIETY) has been relatively more volatile compared to other cryptocurrencies. So far on Sunday, Digital Money has added 63.35% to $0.0393049191.
![volatility - 88](https://i3.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-88.jpg?ssl=1)
highly volatile
InvestorsObserver gives PLATINCOIN a high volatility range of 88, putting it in the top 12% of cryptos on the market.
The volatility indicator analyzes this and makes your score defined by recent trends, rather than one bad day. PLC's high volatility reading comes with a low reading on the risk/reward indicator, meaning the coin has relatively wide price fluctuations and is well protected against price manipulation.
PLATINCOIN price is trading above resistance. With support near $0.0174493532097226 and resistance around $0.0359740334963685. This puts PLATINCOIN 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 made of those payments can vary from general use in the digital money subclass to more specific uses in some other subclasses.