UNICORN Token (UNI) Rises 0.62%, Outperforms the Crypto Market Saturday

Saturday, November 19, 2022 01:18 PM | InvestorsObserver Analysts

UNICORN Token (UNI) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has advanced 0.62% to $0.0007986904963.

InvestorsObserver is giving UNICORN Token a 100 Volatility Rank. Find out what this means to you and get the rest of the rankings on UNICORN Token!

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Highly Volatile

InvestorsObserver gives UNICORN Token a high volatility rank of 100, placing it in the top 0% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. UNI'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.

UNICORN Token price is well positioned going forward. With support set at $0.000786042356119453 and resistance around $0.000807145252545327. This positions UNICORN Token with room to run before facing selling pressures.