SATS (1000SATS), Moderate Volatility and Rising Tuesday: Is it Time to Cash Out?

Tuesday, January 02, 2024 08:31 AM | InvestorsObserver Analysts

SATS (1000SATS) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has advanced 7.59% to $0.000842057298.

InvestorsObserver is giving SATS a 73 Volatility Rank. Find out what this means to you and get the rest of the rankings on SATS!

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Moderately Volatile

InvestorsObserver gives SATS a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. 1000SATS's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

SATS price is trading above resistance. With support around $0.000764377690366095 and resistance around $0.000810237236301041. This positions SATS out of range and potentially in a volatile position if the rally burns out.