Unbound (UNB), Moderate Volatility and Rising Friday: Is it Time to Cash Out?

Friday, September 22, 2023 04:08 PM | InvestorsObserver Analysts

Unbound (UNB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Decentralized Finance has advanced 16.25% to $0.0002707491496.

InvestorsObserver is giving Unbound a 61 Volatility Rank. Find out what this means to you and get the rest of the rankings on Unbound!

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Moderately Volatile

InvestorsObserver gives Unbound a moderate volatility rank of 61, placing it in the top 39% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. UNB's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Unbound price is trading near resistance. With support set at $0.000204422370840906 and resistance set at $0.000283151157161332. This positions Unbound with potential selling pressures ahead as it may be getting over extended.