Gravity Finance (GFI), High Volatility and Rising Sunday: Is it Time to Cash Out?

Sunday, July 17, 2022 11:59 AM | InvestorsObserver Analysts

Gravity Finance (GFI) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has gained 1.01% to $0.001451250327.

InvestorsObserver is giving Gravity Finance a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Gravity Finance!

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Highly Volatile

InvestorsObserver gives Gravity Finance a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. GFI's high volatility reading comes 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.

Gravity Finance price is favorably positioned going forward. With support around $0.00138970183341622 and resistance near $0.00148904030809968. This leaves Gravity Finance with room to run before facing selling pressures.