MetaPets (METAPETS), High Volatility and Falling Monday: Is it Time to Cash Out?

Monday, January 30, 2023 01:27 PM | InvestorsObserver Analysts

MetaPets (METAPETS) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has declined 8.34% to $0.

InvestorsObserver is giving MetaPets a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on MetaPets!

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Highly Volatile

InvestorsObserver gives MetaPets a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. METAPETS'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.

MetaPets price is well positioned going forward. With support around $2.12569266756295E-11 and resistance set at $2.97607805467075E-11. This positions MetaPets with room to run before facing selling pressures.