uPlexa (UPX) Rises 0.06%, Underperforms the Crypto Market Tuesday

Tuesday, August 15, 2023 09:24 AM | InvestorsObserver Analysts

uPlexa (UPX) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has increased 0.06% to $0.00002935444713.

InvestorsObserver is giving uPlexa a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on uPlexa!

Low Volatility

InvestorsObserver gives uPlexa a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. UPX's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

uPlexa price is in a good position going forward. With support at $0.0000290968153593978 and resistance around $0.0000296097285344414. This leaves uPlexa with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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