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ClassicDoge (XDOGE) Falls 0.21%, Underperforms the Crypto Market Tuesday

Tuesday, July 05, 2022 02:55 PM | InvestorsObserver Analysts
ClassicDoge (XDOGE) Falls 0.21%, Underperforms the Crypto Market Tuesday

ClassicDoge (XDOGE) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has fallen 20.87% to $0.000005195441337.

volatility - 80
InvestorsObserver is giving ClassicDoge a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on ClassicDoge!

Highly Volatile

InvestorsObserver gives ClassicDoge a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. XDOGE's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

ClassicDoge price is favorably positioned going forward. With support near $0.00000434413667292701 and resistance set at $0.00000634323785973847. This positions ClassicDoge with room to run before facing selling pressures.

What is a Token?

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

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