HEX (HEX) Rises 8.28%, Underperforms the Crypto Market Monday

Monday, March 13, 2023 05:28 PM | InvestorsObserver Analysts

HEX (HEX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has gained 8.28% to $0.0825344915.

InvestorsObserver is giving HEX a 58 Volatility Rank. Find out what this means to you and get the rest of the rankings on HEX!

Moderately Volatile

InvestorsObserver gives HEX a moderate volatility rank of 58, placing it in the top 42% of cryptos on the market.

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

HEX price is trading above resistance. With support at $0.0689927589476047 and resistance set at $0.0808250408947406. This positions HEX 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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