stratis (IMMEDIATELY) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Sunday, the cryptocurrency has added 23.78% to $0.8903892319.
![volatility - 59](https://i1.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-59.jpg?ssl=1)
Moderately volatile
InvestorsObserver gives Stratis a Moderate Volatility Rank of 59, putting it in the top 41% of cryptocurrencies on the market.
The volatility indicator tracks this, meaning that the ranking represents your recent trends and is not overly influenced by a sudden spike (or two) in volatility. STRAX's moderate volatility reading comes with a low reading on the risk/reward indicator, meaning the coin has moderate price swings and is well protected against price manipulation.
Stratis price is trading above resistance. With support set at USD 0.700763164188914 and resistance at USD 0.735991655018381. This leaves Stratis out of range and potentially in a volatile position if the rally peters out.
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.