Polinate (POLI), High Volatility and Rising Tuesday: Is it Time to Cash Out?

Tuesday, May 16, 2023 10:28 AM | InvestorsObserver Analysts

Polinate (POLI) has been relatively more volatile compared to the crypto market. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has gained 101.24% to $0.0003938748509.

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

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Highly Volatile

InvestorsObserver gives Polinate 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. POLI'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.

Polinate price is trading near resistance. With support at $0.0000873459846278392 and resistance near $0.000408180688953374. This leaves Polinate with potential selling pressures ahead as it may be getting over extended.