PrivaCoin (PRVC) has been relatively less volatile than the cryptocurrency market according to recent market analysis. So far on Saturday, the cryptocurrency has declined 0.22% to $0.0008087610027.
low volatility
InvestorsObserver gives PrivaCoin a low volatility rank of 6, putting it in the bottom 6% of cryptocurrencies on the market.
The volatility indicator tracks this and makes your score based on recent trends, rather than a bad day. PRVC's low volatility reading is combined with a low reading on the risk/reward indicator, meaning the token has relatively narrow price swings and is well protected against price manipulation.
PrivaCoin price is in a good position going forward. With support at $0.000805591703781594 and resistance at $0.000810312927158285. This leaves PrivaCoin with room to run before facing selling pressures.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
