Poolz Finance (POOLX) Rises 1.97%, Underperforms the Crypto Market Thursday

Thursday, April 13, 2023 05:03 PM | InvestorsObserver Analysts

Poolz Finance (POOLX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has increased 1.97% to $4.78.

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 analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 trading near resistance. With support set at $4.48 and resistance set at $4.87. This leaves Poolz Finance with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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