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Apollon (XAP) Falls 0%, Underperforms the Crypto Market Sunday

Sunday, May 14, 2023 08:41 AM | InvestorsObserver Analysts
Apollon (XAP) Falls 0%, Underperforms the Crypto Market Sunday

Apollon (XAP) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the crypto has dropped 0.14% to $0.00005359369317.

volatility - 16
InvestorsObserver is giving Apollon a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Apollon!

Low Volatility

InvestorsObserver gives Apollon a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. XAP's low volatility reading pairs 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.

Apollon price is in a favorable position going forward. With support near $0.0000533431172438969 and resistance near $0.0000538107575916757. 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.

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