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AllSafe (ASAFE), High Volatility and Rising Tuesday: Is it Time to Cash Out?

Tuesday, August 09, 2022 01:30 PM | InvestorsObserver Analysts
AllSafe (ASAFE), High Volatility and Rising Tuesday: Is it Time to Cash Out?

AllSafe (ASAFE) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has gained 110.6% to $0.005548456255.

volatility - 87
InvestorsObserver is giving AllSafe a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on AllSafe!

Highly Volatile

InvestorsObserver gives AllSafe a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. ASAFE's high volatility reading comes 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.

AllSafe price is trading above resistance. With support around $0.00159340937011495 and resistance at $0.00470549872465983. This leaves AllSafe out of range and potentially in a volatile position if the rally burns out.

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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