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Jigstack (STAK), High Volatility and Falling Friday: Is it Time to Cash Out?

Friday, March 01, 2024 09:25 AM | InvestorsObserver Analysts
Jigstack (STAK), High Volatility and Falling Friday: Is it Time to Cash Out?

Jigstack (STAK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has fallen 0.03% to $0.00001530230577.

volatility - 87
InvestorsObserver is giving Jigstack a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on Jigstack!

Highly Volatile

InvestorsObserver gives Jigstack a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. STAK's high volatility reading pairs 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.

Jigstack price is well positioned going forward. With support set at $0.0000152845890756567 and resistance around $0.0000153136801731876. This leaves Jigstack 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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