batteries (STX) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Saturday, the cryptocurrency has lost 3.02% to $1.55.
Moderately volatile
InvestorsObserver gives Stacks a moderate volatility rank of 50, putting it in the top 50% of cryptocurrencies on the market.
The volatility indicator tracks which means you will not one day meet or break your ranking. STX'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.
The price of batteries is positioned favorably in the future. With support at $1.47 and resistance near $1.65. This leaves Stacks 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 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.