Flashstake (FLASH) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has declined 21.71% to $0.004268761811.
InvestorsObserver gives Flashstake a high volatility rank of 83, placing it in the top 17% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
FLASH’s high volatility reading pairs 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.
Flashstake price is in a good position going forward. With support at $0.00254866574113966 and resistance around $0.00504284957578183. This positions Flashstake with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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