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Somnium Space Cubes (CUBE) Falls 0.04%, Underperforms the Crypto Market Saturday

Saturday, January 01, 2022 06:36 AM | InvestorsObserver Analysts
Somnium Space Cubes (CUBE) Falls 0.04%, Underperforms the Crypto Market Saturday

Somnium Space Cubes (CUBE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Art, Collectibles and Non-Fungible Tokens has fallen 3.53% to $9.66.

volatility - 66
InvestorsObserver is giving Somnium Space Cubes a 66 Volatility Rank. Find out what this means to you and get the rest of the rankings on Somnium Space Cubes!

Moderately Volatile

InvestorsObserver gives Somnium Space Cubes a moderate volatility rank of 66, placing it in the top 34% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. CUBE's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Somnium Space Cubes price is well positioned going forward. With support set at $9.16 and resistance near $9.88. This leaves Somnium Space Cubes with room to run before facing selling pressures.

What is a Token?

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

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