serum (SRM) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Sunday, the crypto has gained 32.72% to $0.1343736566.
moderately volatile
InvestorsObserver gives Serum a moderate volatility range of 61, putting it in the top 39% of cryptos on the market.
The volatility indicator tracks this and makes your score defined by recent trends, rather than one bad day. SRM's moderate volatility reading is combined with a low reading on the risk/reward indicator, meaning the coin has moderate price swings and is well protected against price manipulation.
Whey price is trading above resistance. With support around $0.0864342877888871 and resistance set at $0.12477226352932. This leaves Serum out of range and potentially in a volatile position if the rally dries up.
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.
