FUZE Token (FUZE), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, July 28, 2022 12:22 PM | InvestorsObserver Analysts

FUZE Token (FUZE) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has gained 76.9% to $13.35.

InvestorsObserver is giving FUZE Token a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on FUZE Token!

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Highly Volatile

InvestorsObserver gives FUZE Token a high volatility rank of 82, placing it in the top 18% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. FUZE'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.

FUZE Token price is trading above resistance. With support around $5.32 and resistance around $11.59. This positions FUZE Token out of range and potentially in a volatile position if the rally burns out.