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0x (ZRX) Up 5.47% Wednesday: What's Next?

Wednesday, January 12, 2022 05:42 PM | InvestorsObserver Analysts
0x (ZRX) Up 5.47% Wednesday: What's Next?

0x (ZRX) has been relatively less volatile compared to the crypto market. So far Wednesday, the Decentralized Exchange has advanced 5.47% to $0.7525254392.

volatility - 17
InvestorsObserver is giving 0x a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on 0x!

Low Volatility

InvestorsObserver gives 0x a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. ZRX's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

0x price is trading above resistance. With support set at $0.690316626369276 and resistance at $0.728481718837537. This leaves 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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