FreshCut Diamond (FCD) falls 0.3%, lagging the crypto market on Saturday
FreshCut Diamond (FCD) has been relatively more volatile compared to other cryptocurrencies. So far on Saturday, the crypto is down 29.99% to $0.01617664637.
InvestorsObserver gives FreshCut Diamond a high volatility rank of 86, placing it in the top 14% of cryptos on the market.
The volatility meter analyzes this, whereby its score is defined by current trends and not a bad day. FCD’s high volatility couples with a low value on the risk-reward meter, which means that the token has relatively large price swings and is well protected from price manipulation.
The FreshCut Diamond price is in a favorable position for the future. With support near $0.0113273199914959 and resistance at $0.0183554098277357. This gives FreshCut Diamond some leeway before it is subjected to sales pressure.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.