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Starbase (STAR), High Volatility and Falling Sunday: Is it Time to Cash Out?

Sunday, July 03, 2022 10:12 AM | InvestorsObserver Analysts
Starbase (STAR), High Volatility and Falling Sunday: Is it Time to Cash Out?

Starbase (STAR) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has fallen 6.36% to $0.002353595738.

volatility - 98
InvestorsObserver is giving Starbase a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Starbase!

Highly Volatile

InvestorsObserver gives Starbase a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. STAR'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.

Starbase price is favorably positioned going forward. With support near $0.00156020879358044 and resistance set at $0.00303054408714166. This leaves Starbase 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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