STAKE (STAKE) Falls 0%, Underperforms the Crypto Market Thursday

Thursday, March 28, 2024 08:21 AM | InvestorsObserver Analysts

STAKE (STAKE) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the Decentralized Finance has fallen 0.32% to $0.1689989864.

InvestorsObserver is giving STAKE a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on STAKE!

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Highly Volatile

InvestorsObserver gives STAKE a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. STAKE'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.

STAKE price is well positioned going forward. With support around $0.168196544113472 and resistance at $0.169296547832801. This leaves STAKE with room to run before facing selling pressures.