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SBank (STS), High Volatility and Rising Monday: Is it Time to Cash Out?

Monday, February 07, 2022 03:37 PM | InvestorsObserver Analysts
SBank (STS), High Volatility and Rising Monday: Is it Time to Cash Out?

SBank (STS) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has advanced 394.29% to $0.01237080441.

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

Highly Volatile

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

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. STS'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.

SBank price is trading above resistance. With support near $-0.000637820162749792 and resistance around $0.00877390388871083. This leaves SBank 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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