COGI (COGI), Low Volatility but Falling Sunday: Is it Time to Cash Out?

Sunday, September 24, 2023 07:33 PM | InvestorsObserver Analysts

COGI (COGI) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Gaming has dropped 0.79% to $0.002147226561.

InvestorsObserver is giving COGI a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on COGI!

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Low Volatility

InvestorsObserver gives COGI a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. COGI's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

COGI price is trading near resistance. With support at $0.00213471799938131 and resistance around $0.00214910227654624. This positions COGI with potential selling pressures ahead as it may be getting over extended.