QI Blockchain (QIE) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 14.56% to $0.09329861204.
Highly Volatile
InvestorsObserver gives QI Blockchain a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
QIE’s high volatility reading is paired 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.
QI Blockchain price is well positioned going forward. With support at $0.0266205536302611 and resistance near $0.168035706329016. This positions QI Blockchain 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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