xRhodium (XRC) rises 37.93%, outperforms the crypto market on Sunday
xRhodium (XRC) has been relatively more volatile compared to other cryptocurrencies. So far Sunday, Digital Money has added 37.93% to $0.174221372.
Very volatile
InvestorsObserver giving xRhodium a high volatility rating of 87, placing it in the top 13% of cryptos on the market.
The volatility meter follows this meaning that the ranking represents recent trends and is not overly affected by a sudden spike – or two – in volatility. XRC’s high volatility reading is paired with a low Risk/Reward Gauge reading, meaning the coin has relatively large price swings and is well protected from price manipulation.
xRhodium price trades above resistance. With support set at $0.124497442307956 and resistance around $0.128595857682711. This puts xRhodium out of reach and potentially in a volatile position if the rally fizzles out.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. these are usually used for payments. Depending on the cryptocurrency, what these payments are used for can vary from general uses in the Digital Money subclass to more specific uses in some other subclasses.
