quark (QRK) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Monday, the cryptocurrency has fallen 1.52% to $0.001047430314.
Highly volatile
InvestorsObserver gives Quark a high volatility rank of 83, putting it in the top 17% of cryptocurrencies on the market.
The volatility indicator tracks which means you will not one day meet or break your ranking. QRK'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.
The quark price is well positioned for the future. With support set at $0.00101485302634788 and resistance at $0.00105856406931085. This puts Quark with room to run before facing selling pressure.
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.
