STEPN (GMT) Rises 38.2%, Outperforms the Crypto Market Tuesday

Tuesday, April 19, 2022 06:53 AM | InvestorsObserver Analysts

STEPN (GMT) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the Gaming has increased 38.2% to $3.27.

InvestorsObserver is giving STEPN a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on STEPN!

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Highly Volatile

InvestorsObserver gives STEPN a high volatility rank of 83, placing it in the top 17% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. GMT's high volatility reading is coupled 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 trading above resistance. With support around $1.98 and resistance set at $3.02. This positions STEPN out of range and potentially in a volatile position if the rally burns out.