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PHI Token (PHI), Low Volatility but Falling Friday: Is it Time to Cash Out?

Friday, January 21, 2022 06:19 AM | InvestorsObserver Analysts
PHI Token (PHI), Low Volatility but Falling Friday: Is it Time to Cash Out?

PHI Token (PHI) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has fallen 0.19% to $0.1359311282.

volatility - 21
InvestorsObserver is giving PHI Token a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on PHI Token!

Low Volatility

InvestorsObserver gives PHI Token a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. PHI's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

PHI Token price is in a good position going forward. With support set at $0.131745729023623 and resistance at $0.143577429825472. This positions PHI Token with room to run before facing selling pressures.

What is a Token?

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

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