Paybswap (PAYB), High Volatility and Falling Tuesday: Is it Time to Cash Out?

Tuesday, June 06, 2023 11:22 AM | InvestorsObserver Analysts

Paybswap (PAYB) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has declined 34.33% to $0.0001004087114.

InvestorsObserver is giving Paybswap a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Paybswap!

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Highly Volatile

InvestorsObserver gives Paybswap a high volatility rank of 92, placing it in the top 8% 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. PAYB'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.

Paybswap price is in a favorable position going forward. With support at $0.0000734455124436717 and resistance set at $0.000121431653442218. This leaves Paybswap with room to run before facing selling pressures.