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CryptoSoul (SOUL), Moderate Volatility and Rising Wednesday: Is it Time to Cash Out?

Wednesday, January 12, 2022 06:45 PM | InvestorsObserver Analysts
CryptoSoul (SOUL), Moderate Volatility and Rising Wednesday: Is it Time to Cash Out?

CryptoSoul (SOUL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has increased 49.94% to $0.003000151213.

volatility - 73
InvestorsObserver is giving CryptoSoul a 73 Volatility Rank. Find out what this means to you and get the rest of the rankings on CryptoSoul!

Moderately Volatile

InvestorsObserver gives CryptoSoul a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SOUL's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

CryptoSoul price is trading above resistance. With support set at $0.00166853169349311 and resistance near $0.00266554091495751. This leaves CryptoSoul out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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