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Alpha Coin (APC) has been relatively more volatile than the crypto market according to recent market analysis. So far on Saturday, the crypto is up 4352.21% to $0.0005800463362.
Very volatile
InvestorsObserver gives Alpha Coin a high volatility ranking of 99, placing it in the top 1% of cryptos in the market.
The volatility gauge takes into account what makes its score defined by recent trends, rather than a bad day. APC’s high volatility reading is paired with a low reading on the risk/reward gauge, meaning the token has relatively large price swings and is well protected against price manipulation.
Alpha Coin price is trading above the resistance. With support set at -0.000247287621492839 and resistance set at 0.000533238467836375. This positions Alpha Coin out of range and potentially in a volatile position if the rally fizzles out.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
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