Axe (AXE) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has fallen 48.97% to $0.01443979197.
Highly VolatileInvestorsObserver gives Axe a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. AXE's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Axe price is favorably positioned going forward. With support near $0.00920274425791722 and resistance near $0.0196984367494486. This positions Axe with room to run before facing selling pressures.