Deutsche eMark (DEM) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has advanced 25.5% to $0.0008426842992.
(adsbygoogle = window.adsbygoogle || []).push({});
Highly Volatile
InvestorsObserver gives Deutsche eMark a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will. DEM’s high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Deutsche eMark price is trading above resistance. With support near $0.000613438560371943 and resistance around $0.000786256174301453. This positions Deutsche eMark out of range and potentially in a volatile position if the rally burns out.
(adsbygoogle = window.adsbygoogle || []).push({});
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
Stock Price data may be delayed up to 15 minutes.
Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy
