SmartCash (SMART) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has dropped 24.44% to $0.0002038314291.
Highly Volatile
InvestorsObserver gives SmartCash a high volatility rank of 89, placing it in the top 11% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
SMART's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
SmartCash price is well positioned going forward. With support at $0.000130395851255558 and resistance near $0.000256986963603809. This positions SmartCash 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 typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
