Niobium Coin (NBC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has dropped 57.52% to $0.002541750827.
Highly Volatile
InvestorsObserver gives Niobium Coin a high volatility rank of 79, placing it in the top 21% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. NBC’s high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Niobium Coin price is well positioned going forward. With support set at $0.000807334565430748 and resistance near $0.00428628305798756. This leaves Niobium Coin with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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