Rigel Finance (RIGEL) Falls 0.34%, Underperforms the Crypto Market Saturday

Saturday, September 03, 2022 06:25 PM | InvestorsObserver Analysts

Rigel Finance (RIGEL) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 34.44% to $1.

InvestorsObserver is giving Rigel Finance a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Rigel Finance!

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Highly Volatile

InvestorsObserver gives Rigel Finance a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. RIGEL's high volatility reading comes 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.

Rigel Finance price is in a favorable position going forward. With support near $0.779209674663822 and resistance set at $1.12. This leaves Rigel Finance with room to run before facing selling pressures.