Status (SNT), Moderate Volatility and Falling Wednesday: Is it Time to Cash Out?

Wednesday, July 20, 2022 07:22 PM | InvestorsObserver Analysts

Status (SNT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Media, Music and Content has fallen 4.35% to $0.0307793431.

InvestorsObserver is giving Status a 40 Volatility Rank. Find out what this means to you and get the rest of the rankings on Status!

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Moderately Volatile

InvestorsObserver gives Status a moderate volatility rank of 40, placing it in the bottom 40% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. SNT's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Status price is trading near resistance. With support around $0.0291638968385735 and resistance set at $0.0311295648910084. This positions Status with potential selling pressures ahead as it may be getting over extended.