PEPS Coin (PEPS), High Volatility and Rising Saturday: Is it Time to Cash Out?

Saturday, November 05, 2022 09:36 AM | InvestorsObserver Analysts

PEPS Coin (PEPS) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has increased 33.7% to $0.004734622138.

InvestorsObserver is giving PEPS Coin a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on PEPS Coin!

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Highly Volatile

InvestorsObserver gives PEPS Coin a high volatility rank of 91, placing it in the top 9% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. PEPS's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

PEPS Coin price is trading near resistance. With support around $0.00288267859226764 and resistance at $0.00479632995060385. This positions PEPS Coin with potential selling pressures ahead as it may be getting over extended.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.