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Volumint (VMINT), High Volatility and Rising Saturday: Is it Time to Cash Out?

Saturday, March 02, 2024 06:04 AM | InvestorsObserver Analysts
Volumint (VMINT), High Volatility and Rising Saturday: Is it Time to Cash Out?

Volumint (VMINT) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has gained 53.2% to $0.03289975626.

volatility - 82
InvestorsObserver is giving Volumint a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on Volumint!

Highly Volatile

InvestorsObserver gives Volumint a high volatility rank of 82, placing it in the top 18% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. VMINT's high volatility reading is coupled 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.

Volumint price is trading above resistance. With support around $0.0185843632277145 and resistance around $0.0269386005308523. This leaves Volumint out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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