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Growth DeFi (GRO), High Volatility and Rising Saturday: Is it Time to Cash Out?

Saturday, September 03, 2022 07:46 PM | InvestorsObserver Analysts
Growth DeFi (GRO), High Volatility and Rising Saturday: Is it Time to Cash Out?

Growth DeFi (GRO) has been relatively more volatile compared to the crypto market. So far Saturday, the Governance has increased 37.73% to $0.2503748521.

volatility - 93
InvestorsObserver is giving Growth DeFi a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on Growth DeFi!

Highly Volatile

InvestorsObserver gives Growth DeFi a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. GRO'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.

Growth DeFi price is trading near resistance. With support around $0.0779378404261624 and resistance around $0.273662975931362. This positions Growth DeFi with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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