Phoenixcoin (PXC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has advanced 0.56% to $0.008467120934.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
PXC’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Phoenixcoin price is trading above resistance. With support set at $0.00836958859533427 and resistance at $0.00845396548927186. This leaves Phoenixcoin out of range and potentially in a volatile position if the rally burns out.