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Unify (UNIFY) Falls 0.46%, Underperforms the Crypto Market Friday

Friday, July 01, 2022 05:21 PM | InvestorsObserver Analysts
Unify (UNIFY) Falls 0.46%, Underperforms the Crypto Market Friday

Unify (UNIFY) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has fallen 45.71% to $0.001947490169.

volatility - 76
InvestorsObserver is giving Unify a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on Unify!

Highly Volatile

InvestorsObserver gives Unify a high volatility rank of 76, placing it in the top 24% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. UNIFY's high volatility reading is coupled 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.

Unify price is in a favorable position going forward. With support set at $0.000909210938182276 and resistance at $0.0027616543799309. This leaves Unify 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.

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