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KIMCHI.finance (KIMCHI), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, January 20, 2022 08:01 AM | InvestorsObserver Analysts
KIMCHI.finance (KIMCHI), High Volatility and Rising Thursday: Is it Time to Cash Out?

KIMCHI.finance (KIMCHI) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has added 28798.5% to $0.02869312203.

volatility - 98
InvestorsObserver is giving KIMCHI.finance a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on KIMCHI.finance!

Highly Volatile

InvestorsObserver gives KIMCHI.finance a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. 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 above resistance. With support near $0.0000966042485238743 and resistance at $0.000101202253558369. This leaves KIMCHI.finance out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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