UnlimitedIP (UIP), High Volatility and Rising Friday: Is it Time to Cash Out?

Friday, June 02, 2023 02:59 PM | InvestorsObserver Analysts

UnlimitedIP (UIP) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the Marketplace has advanced 40% to $0.00001400179109.

InvestorsObserver is giving UnlimitedIP a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on UnlimitedIP!

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Highly Volatile

InvestorsObserver gives UnlimitedIP a high volatility rank of 96, placing it in the top 4% of cryptos on the market.

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

UnlimitedIP price is trading above resistance. With support set at $0.00000666737404744323 and resistance near $0.0000136691458391358. This positions UnlimitedIP out of range and potentially in a volatile position if the rally burns out.