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STEPN (GMT) Falls 0.03%, Underperforms the Crypto Market Sunday

Sunday, April 24, 2022 07:23 AM | InvestorsObserver Analysts
STEPN (GMT) Falls 0.03%, Underperforms the Crypto Market Sunday

STEPN (GMT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has lost 2.64% to $3.17.

volatility - 82
InvestorsObserver is giving STEPN a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on STEPN!

Highly Volatile

InvestorsObserver gives STEPN a high volatility rank of 82, placing it in the top 18% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. GMT's high volatility reading pairs 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.

STEPN price is favorably positioned going forward. With support around $2.99 and resistance near $3.31. This leaves STEPN 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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