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Kemacoin (KEMA) Falls 0.54%, Underperforms the Crypto Market … – InvestorsObserver


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Sunday, December 03, 2023 07:24 AM | InvestorsObserver Analysts

Kemacoin (KEMA) Falls 0.54%, Underperforms the Crypto Market Sunday

Kemacoin (KEMA) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has fallen 53.73% to $0.000355305704.

volatility - 95
InvestorsObserver is giving Kemacoin a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kemacoin!

Highly Volatile

InvestorsObserver gives Kemacoin a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.

KEMA’s high volatility reading is coupled 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.

Kemacoin price is in a good position going forward. With support at $0.00012848252423643 and resistance at $0.000553191724397007. This leaves Kemacoin with room to run before facing selling pressures.

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.

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