Unbound (UNB) Falls 0.05%, Underperforms the Crypto Market Friday

Friday, March 29, 2024 07:40 AM | InvestorsObserver Analysts

Unbound (UNB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the Decentralized Finance has declined 4.77% to $0.002009056221.

InvestorsObserver is giving Unbound a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Unbound!

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Highly Volatile

InvestorsObserver gives Unbound a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

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

Unbound price is in a good position going forward. With support at $0.00184572810438685 and resistance at $0.00208151138984821. This leaves Unbound with room to run before facing selling pressures.