All Sports (SOC), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, January 13, 2022 06:53 PM | InvestorsObserver Analysts

All Sports (SOC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Sports and Fan Tokens has increased 53.93% to $0.006135722231.

InvestorsObserver is giving All Sports a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on All Sports!

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Highly Volatile

InvestorsObserver gives All Sports a high volatility rank of 88, placing it in the top 12% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SOC's high volatility reading pairs 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.

All Sports price is trading near resistance. With support around $0.00227687783227833 and resistance near $0.00711917733462127. This positions All Sports with potential selling pressures ahead as it may be getting over extended.