Apollon (XAP) Falls 0.01%, Outperforms the Crypto Market Sunday

Sunday, August 14, 2022 02:18 PM | InvestorsObserver Analysts

Apollon (XAP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has fallen 1.28% to $0.00002426356379.

InvestorsObserver is giving Apollon a 35 Volatility Rank. Find out what this means to you and get the rest of the rankings on Apollon!

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Moderately Volatile

InvestorsObserver gives Apollon a moderate volatility rank of 35, placing it in the bottom 35% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. XAP's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Apollon price is favorably positioned going forward. With support set at $0.0000239153365406485 and resistance at $0.0000244292719877369. This leaves Apollon 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.