Sakura Bloom (SKB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has increased 305.39% to $0.0001785238218.
Highly Volatile
InvestorsObserver gives Sakura Bloom a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
SKB’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.
Sakura Bloom price is trading above resistance. With support around $-0.00000371473670982047 and resistance at $0.000139534069415664. This leaves Sakura Bloom 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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