Humaniq (HMQ), High Volatility and Rising Wednesday: Is it Time to Cash Out?

Wednesday, July 05, 2023 05:45 PM | InvestorsObserver Analysts

Humaniq (HMQ) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has gained 28.13% to $0.004128092887.

InvestorsObserver is giving Humaniq a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on Humaniq!

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Highly Volatile

InvestorsObserver gives Humaniq a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. HMQ'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.

Humaniq price is trading near resistance. With support near $0.00227397408122253 and resistance around $0.00423688076222372. This positions Humaniq with potential selling pressures ahead as it may be getting over extended.