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0x (ZRX) Rises 10.13%, Outperforms the Crypto Market Saturday

Saturday, April 30, 2022 05:58 PM | InvestorsObserver Analysts
0x (ZRX) Rises 10.13%, Outperforms the Crypto Market Saturday

0x (ZRX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Decentralized Exchange has gained 10.13% to $0.822460623.

volatility - 48
InvestorsObserver is giving 0x a 48 Volatility Rank. Find out what this means to you and get the rest of the rankings on 0x!

Moderately Volatile

InvestorsObserver gives 0x a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. ZRX's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

0x price is trading above resistance. With support at $0.717487253451198 and resistance at $0.799210049414486. This positions 0x 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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