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SkinCoin (SKIN) Rises 36.86%, Outperforms the Crypto Market Thursday

Thursday, October 06, 2022 12:20 PM | InvestorsObserver Analysts
SkinCoin (SKIN) Rises 36.86%, Outperforms the Crypto Market Thursday

SkinCoin (SKIN) has been relatively more volatile compared to the crypto market. So far Thursday, the Gaming has advanced 36.86% to $0.0004759500949.

volatility - 91
InvestorsObserver is giving SkinCoin a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on SkinCoin!

Highly Volatile

InvestorsObserver gives SkinCoin a high volatility rank of 91, placing it in the top 9% of cryptos on the market.

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

SkinCoin price is trading above resistance. With support at $0.000290093491327662 and resistance around $0.000438551373787869. This leaves SkinCoin 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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