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Sakura Bloom (SKB), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, February 10, 2022 07:22 PM | InvestorsObserver Analysts
Sakura Bloom (SKB), High Volatility and Rising Thursday: Is it Time to Cash Out?

Sakura Bloom (SKB) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has increased 430.4% to $0.0002178928896.

volatility - 96
InvestorsObserver is giving Sakura Bloom a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on Sakura Bloom!

Highly Volatile

InvestorsObserver gives Sakura Bloom a high volatility rank of 96, placing it in the top 4% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. SKB'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.

Sakura Bloom price is trading above resistance. With support set at $-0.0000181080728933945 and resistance set at $0.000159448674182474. This positions Sakura Bloom out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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