Unifty (NIF), Low Volatility but Falling Sunday: Is it Time to Cash Out?

Sunday, May 21, 2023 02:07 PM | InvestorsObserver Analysts

Unifty (NIF) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Art, Collectibles and Non-Fungible Tokens has fallen 0.01% to $0.615798211.

InvestorsObserver is giving Unifty a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Unifty!

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Low Volatility

InvestorsObserver gives Unifty a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. NIF's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Unifty price is in a good position going forward. With support near $0.615526559485777 and resistance around $0.615956726207121. This leaves Unifty with room to run before facing selling pressures.