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Baanx (BXX) Rises 7.55%, Outperforms the Crypto Market Sunday

Sunday, February 20, 2022 07:21 PM | InvestorsObserver Analysts
Baanx (BXX) Rises 7.55%, Outperforms the Crypto Market Sunday

Baanx (BXX) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has gained 7.55% to $0.08361080246.

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

Low Volatility

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

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. BXX's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Baanx price is trading above resistance. With support at $0.0745128514356251 and resistance set at $0.0834351601190205. This positions Baanx out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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