Axion (AXN) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has declined 0.7% to $0.00003770147.
Moderately VolatileInvestorsObserver gives Axion a moderate volatility rank of 60, placing it in the top 40% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. AXN's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Axion price is well positioned going forward. With support at $0.0000356280781496338 and resistance around $0.0000386094490757699. This leaves Axion with room to run before facing selling pressures.