KIMCHI.finance (KIMCHI) Falls 0.19%, Underperforms the Crypto Market Saturday

Saturday, December 04, 2021 08:42 AM | InvestorsObserver Analysts

KIMCHI.finance (KIMCHI) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has dropped 19.22% to $0.0000822633994, reaching a five-day high.

InvestorsObserver is giving KIMCHI.finance a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on KIMCHI.finance!

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Highly Volatile

InvestorsObserver gives KIMCHI.finance a high volatility rank of 99, placing it in the top 1% of cryptos on the market. The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. KIMCHI's high volatility reading is coupled 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. KIMCHI.finance price is trading near resistance. With support around $0.0000737783517083126 and resistance set at $0.0000830459717521417. This leaves KIMCHI.finance with potential selling pressures ahead as it may be getting over extended.