PERI Finance (PERI) Up 12.85% Saturday: What's Next?

Saturday, February 05, 2022 08:40 AM | InvestorsObserver Analysts

PERI Finance (PERI) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Decentralized Finance has gained 12.85% to $0.3342716331.

InvestorsObserver is giving PERI Finance a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on PERI Finance!

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Highly Volatile

InvestorsObserver gives PERI 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. PERI's high volatility reading is paired 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.

PERI Finance price is trading above resistance. With support set at $0.286587637791982 and resistance set at $0.306510222087255. This positions PERI Finance out of range and potentially in a volatile position if the rally burns out.