Hello jasminemary.

You have explained about volatility in your own words and You have put great efforts in your post and I appreciate your efforts. ATR Indicator is one of the best indicator for measuring volatility in the market and It really helps in technical analysis.

This volatility affects cryptocurrencies by liquidating the value of cryptocurrencies.

True, Because of high volatility, Traders can make good profit if they buy asset on proper entry point or else, their position can also get liquidated if market shows high volatility against the direction of trader.

I wish you good luck for the contest.