Pikamoon (PIKA), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, March 28, 2024 08:21 AM | InvestorsObserver Analysts

Pikamoon (PIKA) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has gained 44.51% to $0.003445802014.

InvestorsObserver is giving Pikamoon a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on Pikamoon!

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Highly Volatile

InvestorsObserver gives Pikamoon a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. PIKA'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.

Pikamoon price is trading near resistance. With support near $0.00174625602792991 and resistance at $0.00353328174222303. This positions Pikamoon with potential selling pressures ahead as it may be getting over extended.