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GNY (GNY), High Volatility and Falling Saturday: Is it Time to Cash Out?

Saturday, March 05, 2022 04:56 PM | InvestorsObserver Analysts
GNY (GNY), High Volatility and Falling Saturday: Is it Time to Cash Out?

GNY (GNY) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has lost 34.4% to $0.092041557.

volatility - 83
InvestorsObserver is giving GNY a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on GNY!

Highly Volatile

InvestorsObserver gives GNY a high volatility rank of 83, placing it in the top 17% 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. GNY'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.

GNY price is well positioned going forward. With support set at $0.0733832225781026 and resistance set at $0.102396446524197. This leaves GNY with room to run before facing selling pressures.

What is a Token?

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

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