BeamSwap (GLINT), High Volatility and Falling Sunday: Is it Time to Cash Out?

Sunday, September 24, 2023 07:42 PM | InvestorsObserver Analysts

BeamSwap (GLINT) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has lost 3.94% to $0.0004958633254.

InvestorsObserver is giving BeamSwap a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on BeamSwap!

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Highly Volatile

InvestorsObserver gives BeamSwap a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

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

BeamSwap price is well positioned going forward. With support at $0.000465297344359984 and resistance set at $0.000506376469727089. This leaves BeamSwap with room to run before facing selling pressures.