ImminentVerse (IMV), High Volatility and Falling Monday: Is it Time to Cash Out?
Monday, June 20, 2022 06:04 AM | InvestorsObserver Analysts
ImminentVerse (IMV) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has declined 42.49% to $0.0002126380293.
InvestorsObserver is giving ImminentVerse a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on ImminentVerse!
InvestorsObserver gives ImminentVerse a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
IMV'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.
ImminentVerse price is favorably positioned going forward. With support around $0.0000915712373237679 and resistance at $0.00032613683307074. This positions ImminentVerse 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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