Poolz Finance (POOLX) Rises 0.95%, Underperforms the Crypto Market Thursday

Thursday, May 04, 2023 06:54 AM | InvestorsObserver Analysts

Poolz Finance (POOLX) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has gained 0.95% to $3.4.

InvestorsObserver is giving Poolz Finance a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Poolz Finance!

Highly Volatile

InvestorsObserver gives Poolz Finance a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. POOLX'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.

Poolz Finance price is in a good position going forward. With support near $3.31 and resistance near $3.47. This positions Poolz Finance 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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