Streamit Coin (STREAM), High Volatility and Falling Saturday: Is it Time to Cash Out?

Saturday, June 25, 2022 10:40 AM | InvestorsObserver Analysts

Streamit Coin (STREAM) has been relatively more volatile compared to the crypto market. So far Saturday, the Content has declined 33.67% to $0.0004223426923.

InvestorsObserver is giving Streamit Coin a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on Streamit Coin!

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Highly Volatile

InvestorsObserver gives Streamit Coin a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. STREAM's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

Streamit Coin price is favorably positioned going forward. With support around $0.000274038858271024 and resistance around $0.000499390952546901. This positions Streamit Coin with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.